---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-176273"
form_type: "8-K"
ticker: "SCLX"
cik: "0001820190"
company_name: "Scilex Holding Co"
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:29:25.358667+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scilex subsidiary enters $30M revolving credit facility with eCapital Healthcare

## Summary
- Revolver up to $30M; interest at Prime + 1.50%; matures July 1, 2026.
- Secured by accounts receivable; Scilex Holding guarantees obligations.
- Covenant: maintain $1M cash plus availability; default if Scilex fails to raise $75M debt/equity by Sept 30, 2023.
- Early termination fee of 0.50% if prepaid and terminated before first anniversary.
- Proceeds for transaction fees, working capital, and other permitted uses.

## SEC filing metadata
- accession: 0001193125-23-176273
- form_type: 8-K
- ticker: SCLX
- cik: 0001820190
- company_name: Scilex Holding Co
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820190/000119312523176273/0001193125-23-176273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820190/000119312523176273/d443585d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-176273
- JSON: https://secwatch.observer/filing/0001193125-23-176273.json
- Plain text: https://secwatch.observer/filing/0001193125-23-176273.txt

## Key facts
- Material Agreements
  Scilex Holding Co entered into Guaranty Agreement (effective 2023-06-27).
  - Action: entry
  - Agreement: credit facility
  - Effective: 2023-06-27
  source text: In connection with the Credit Agreement, the Company executed a guaranty agreement (the “ Guaranty Agreement ”), dated as of June 27, 2023, to guarantee the payment and performance obligations of the Borrower under the Credit Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820190/000119312523176273/0001193125-23-176273-index.htm
- Material Agreements
  Scilex Holding Co entered into Credit Agreement with eCapital Healthcare Corp. valued at $30,000,000 (effective 2023-06-27).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: eCapital Healthcare Corp.
  - Value: $30,000,000
  - Effective: 2023-06-27
  source text: On June 27, 2023, Scilex Pharmaceuticals Inc. (the “ Borrower ”), a Delaware corporation and a wholly owned subsidiary of Scilex Holding Company (the “ Company ”), entered into a Credit and Security Agreement (the “ Credit Agreement ”) with eCapital Healthcare Corp. (the “ Lender ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820190/000119312523176273/0001193125-23-176273-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.