Scilex announces 1-for-35 reverse stock split effective April 15, 2025 to regain Nasdaq compliance

Scilex Holding Co

Ratio of 1-for-35; effective 12:01 a.m. ET on April 15, 2025.
Outstanding shares reduced from approx. 243M to approx. 6.9M.
Stockholders approved split at March 19 special meeting; board set ratio on April 3.
No fractional shares; cash payment in lieu based on April 14 closing price.
Reverse split applies to warrants, preferred stock, convertible notes, and options with proportionate adjustments.

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