secwatch.observer — SEC 8-K summary
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Issuer:     Scilex Holding Co (SCLX)
CIK:        0001820190
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001193125-23-137199
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scilex holders approve 10M share increase in 2022 Equity Plan; auto-authorization start now 2024
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- Plan amendment increased authorized shares to 30,276,666, adding 10,000,000 shares.
- Incentive stock option limit also raised to 30,276,666 shares.
- Automatic annual share increase start date modified to January 1, 2024.
- Proposal passed with 101,476,808 for, 16,369,983 against, 9,603,099 broker non-votes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820190/000119312523137199/0001193125-23-137199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820190/000119312523137199/d327950d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-137199

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer