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

Scilex Holding Co

Board set ratio at 1-for-35 on April 3, 2025; stockholders approved March 19, 2025.
Reverse split effective 12:01 a.m. ET April 15, 2025; common stock to trade adjusted on Nasdaq.
No fractional shares; cash in lieu based on closing price on April 14, 2025.
Warrants adjusted: every 35 warrants now exercisable for 1 share at $402.50 (35x$11.50).
Trading symbol SCLX unchanged; new CUSIP 80880W205.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Scilex Holding Co: Effected a 1-for-35 reverse stock split via Certificate of Amendment to the Restated Certificate of Incorporation (effective 2025-04-15).

Change: charter amendment
Effective: 2025-04-15

Exact text from the filing

On April 14, 2025, Scilex Holding Company (the “Company”) filed a Certificate of Amendment to its Restated Certificate of Incorporation (the “Certificate of Amendment”), with the Secretary of State of the State of Delaware to effect a 1-for-35 reverse stock split (the “Reverse Stock Split”) of the shares of Company’s common stock, $0.0001 par value per share (“Common Stock”).

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Scilex Holding Co filing history →

Source: SEC EDGAR

accession 0001193125-25-080856

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