---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-076322"
form_type: "8-K"
ticker: "SCLX"
cik: "0001820190"
company_name: "Scilex Holding Co"
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:37:14.278849+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Scilex terminates $500M equity facility with Yorkville effective March 25

## Summary
- Mutual termination of Amended and Restated Standby Equity Purchase Agreement with YA II PN, LTD. (Yorkville).
- SEPA allowed sale of up to $500M of common stock; facility is now canceled.
- No reason for termination disclosed; removes a key equity financing source.
- Termination effective immediately as of March 25, 2024.

## SEC filing metadata
- accession: 0001193125-24-076322
- form_type: 8-K
- ticker: SCLX
- cik: 0001820190
- company_name: Scilex Holding Co
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820190/000119312524076322/0001193125-24-076322-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820190/000119312524076322/d801684d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-076322
- JSON: https://secwatch.observer/filing/0001193125-24-076322.json
- Plain text: https://secwatch.observer/filing/0001193125-24-076322.txt

## Key facts
- Material Agreements
  Scilex Holding Co terminated Amended and Restated Standby Equity Purchase Agreement with YA II PN, LTD. valued at $500,000,000 (effective 2024-03-25).
  - Action: termination
  - Agreement: equity purchase
  - Counterparty: YA II PN, LTD.
  - Value: $500,000,000
  - Effective: 2024-03-25
  source text: On March 25, 2024, Scilex Holding Company (the “Company”) and YA II PN, LTD. (“Yorkville”) mutually agreed to terminate the Amended and Restated Standby Equity Purchase Agreement, dated as of February 8, 2023, between the Company and Yorkville (as amended or otherwise modified from time to time in accordance with its terms, the “SEPA”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820190/000119312524076322/0001193125-24-076322-index.htm

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