---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-263737"
form_type: "8-K/A"
ticker: "SCLX"
cik: "0001820190"
company_name: "Scilex Holding Co"
filed_at: "2024-11-22T23:59:59+00:00"
generated_at: "2026-05-29T19:53:45.760688+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Scilex dismisses EY as auditor amid investigation into contracts; Nasdaq non-compliance, note defaults expected

## Summary
- EY requested investigation into June and Sept 2024 contracts (Commitment Side Letter, distribution agreement, Satisfaction Agreement) that may impact Q2 and Q3 financials.
- Audit committee commenced investigation with independent counsel; no conclusive findings yet; investigation may take weeks.
- On Nov 19, 2024, Audit Committee dismissed EY effective immediately due to inability to assure timely completion of Q3 review.
- Company expects Nasdaq non-compliance notice for failure to file Q3 10-Q, and defaults under Oramed Note and Tranche B Notes.
- EY provided letter disagreeing with certain company statements; company disputes EY's characterization of Audit Committee composition.

## SEC filing metadata
- accession: 0001193125-24-263737
- form_type: 8-K/A
- ticker: SCLX
- cik: 0001820190
- company_name: Scilex Holding Co
- filed_at: 2024-11-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820190/000119312524263737/0001193125-24-263737-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820190/000119312524263737/d888761d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-263737
- JSON: https://secwatch.observer/filing/0001193125-24-263737.json
- Plain text: https://secwatch.observer/filing/0001193125-24-263737.txt

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