---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-000984"
form_type: "8-K"
ticker: "SCLX"
cik: "0001820190"
company_name: "Scilex Holding Co"
filed_at: "2025-01-03T23:59:59+00:00"
generated_at: "2026-05-28T15:20:10.979227+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scilex defers $6.25M amortization payment, issues 5M shares to noteholders

## Summary
- Entered deferral letters with Tranche B noteholders; first $6.25M amortization due Jan 2 deferred to Jan 31, then to Oct 8, 2026.
- Delivered 5M common shares to noteholders: Oramed 2.5M, BPY 720k, Nomis 1.28M, 3i LP 500k.
- Paid $1.11M toward amortization and make-whole interest to achieve further deferral to Oct 8, 2026.
- Term sheet provides for 4% royalty on worldwide net sales of Gloperba and Elyxyb (ex-Canada) for 10 years.
- Company seeking to extend Oramed promissory note maturity from March 21, 2025 to Dec 31, 2025; not yet agreed.

## SEC filing metadata
- accession: 0001193125-25-000984
- form_type: 8-K
- ticker: SCLX
- cik: 0001820190
- company_name: Scilex Holding Co
- filed_at: 2025-01-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820190/000119312525000984/0001193125-25-000984-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820190/000119312525000984/d894156d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-000984
- JSON: https://secwatch.observer/filing/0001193125-25-000984.json
- Plain text: https://secwatch.observer/filing/0001193125-25-000984.txt

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