{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-108354","form_type":"8-K","ticker":"SCLX","cik":"0001820190","company_name":"Scilex Holding Co","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.849988+00:00","generated_at":"2026-06-16T22:42:18.024565+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Scilex completes $7.5M third convertible debenture tranche to Yorkville","bullets":["Closed third $7.5M convertible debenture tranche to Yorkville on April 20, 2023, completing the $25M facility.","Debenture carries 7.00% annual interest, matures December 21, 2023, and is convertible at $8.00 per share.","Company has optional redemption right if stock price falls below conversion price, with a 10% redemption premium.","Registration statement for resale of conversion shares declared effective on April 19, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-108354","json":"https://secwatch.observer/filing/0001193125-23-108354.json","markdown":"https://secwatch.observer/filing/0001193125-23-108354.md","text":"https://secwatch.observer/filing/0001193125-23-108354.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820190/000119312523108354/0001193125-23-108354-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820190/000119312523108354/d498999d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:42:18.024565+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dddb1ef2e05644f5deefc8ce76649d45d75f6d75","claim":"Scilex Holding Co incurred convertible notes of $7,500,000 with YA II PN, Ltd. at 7.00% maturing December 21, 2023.","evidence_excerpt":"On April 20, 2023, the Company consummated the Third Closing and issued a third convertible debenture dated as of such date (the \"Third Convertible Debenture\") to Yorkville in the principal amount of $7,500,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820190/000119312523108354/0001193125-23-108354-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$7,500,000"},{"label":"Counterparty","value":"YA II PN, Ltd."},{"label":"Rate","value":"7.00%"},{"label":"Maturity","value":"December 21, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"52d5f5580b6c1061b42c129f84f10292cc710e57","claim":"Scilex Holding Co entered into Third Convertible Debenture with YA II PN, Ltd. (\"Yorkville\") valued at $7,500,000 (effective 2023-04-20).","evidence_excerpt":"the Company consummated the Third Closing and issued a third convertible debenture dated as of such date (the “Third Convertible Debenture”) to Yorkville in the principal amount of $7,500,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820190/000119312523108354/0001193125-23-108354-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"YA II PN, Ltd. (\"Yorkville\")"},{"label":"Value","value":"$7,500,000"},{"label":"Effective","value":"2023-04-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}