{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-254137","form_type":"8-K","ticker":"SCLX","cik":"0001820190","company_name":"Scilex Holding Co","filed_at":"2023-10-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.711128+00:00","generated_at":"2026-06-10T01:45:49.621285+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Scilex amends convertible debentures; maturity extended to March 2024, conversion price reset","bullets":["Total outstanding principal of $9.05M under First and Second Convertible Debentures extended from Dec 2023 to Mar 2024.","Default Conversion Price changed to 95% of lowest 5-day VWAP, with a floor of $0.50 per share.","Amended repayment requires $1.59M installment on Oct 17, 2023; final $1.25M payment due Mar 15, 2024.","Company waives all claims against Yorkville and releases related parties from any offsets or counterclaims."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-254137","json":"https://secwatch.observer/filing/0001193125-23-254137.json","markdown":"https://secwatch.observer/filing/0001193125-23-254137.md","text":"https://secwatch.observer/filing/0001193125-23-254137.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820190/000119312523254137/0001193125-23-254137-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820190/000119312523254137/d439599d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T01:45:49.621285+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":"c92a4fea34d1c911d642c53da8b4c5fb77ffe474","claim":"Scilex Holding Co amended Amendment to Convertible Debentures with YA II PN, Ltd. valued at Extension of maturity date from December 21, 2023 to March 15, 2024 (effective 2023-10-11).","evidence_excerpt":"On October 11, 2023 (the “ Amendment Date ”), Scilex Holding Company (the “ Company ”) and YA II PN, Ltd. (“ Yorkville ”) entered into an amendment (the “ Amendment to Convertible Debentures ”) to those certain convertible debentures dated as of (i) March 21, 2023 (as amended, supplemented, waived or otherwise modified from time to time, the “ First Convertible Debenture ”) and (ii) April 11, 2023 (as amended, supplemented, waived or otherwise modified from time to time, the “ Second Convertible Debenture ” and, together with the First Convertible Debenture, the “ Convertible Debentures ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820190/000119312523254137/0001193125-23-254137-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"YA II PN, Ltd."},{"label":"Value","value":"Extension of maturity date from December 21, 2023 to March 15, 2024"},{"label":"Effective","value":"2023-10-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}