---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-114000"
form_type: "8-K"
ticker: "SCLX"
cik: "0001820190"
company_name: "Scilex Holding Co"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:11:39.996122+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Scilex closes $15M registered direct offering of 15M shares and warrants

## Summary
- Offering of 15,000,000 common shares plus warrants to purchase 15,000,000 shares at $1.00/unit.
- Warrants exercisable at $1.10/share starting six months from issuance, expiring in five years.
- Gross proceeds $15 million before placement agent fees and expenses; offering closed April 25, 2024.
- Net proceeds for working capital, R&D, commercialization, and possible debt/stock repurchases.
- Placement agents received 8% cash fee and warrants to purchase 1,200,000 shares at $1.25/share.

## SEC filing metadata
- accession: 0001193125-24-114000
- form_type: 8-K
- ticker: SCLX
- cik: 0001820190
- company_name: Scilex Holding Co
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820190/000119312524114000/0001193125-24-114000-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820190/000119312524114000/d820664d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-114000
- JSON: https://secwatch.observer/filing/0001193125-24-114000.json
- Plain text: https://secwatch.observer/filing/0001193125-24-114000.txt

## Key facts
- Material Agreements
  Scilex Holding Co entered into Purchase Agreement with the investor named therein valued at $15,000,000 (effective 2024-04-23).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the investor named therein
  - Value: $15,000,000
  - Effective: 2024-04-23
  source text: On April 23, 2024, Scilex Holding Company (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with the investor named therein, pursuant to which the Company agreed to sell and issue, in a registered direct offering (the “Offering”): (i) an aggregate of 15,000,000 shares of its common stock (the “Shares”), and (ii) common warrants to purchase up to 15,000,000 shares of its common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820190/000119312524114000/0001193125-24-114000-index.htm

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