{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-220481","form_type":"8-K","ticker":"SCLX","cik":"0001820190","company_name":"Scilex Holding Co","filed_at":"2025-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.129987+00:00","generated_at":"2026-05-17T05:35:54.374130+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Scilex closes $150M Bitcoin investment in Datavault AI; receives 15M shares and pre-funded warrant for 263.9M more","bullets":["Scilex invested $150M in Bitcoin for Datavault AI (DVLT) shares and warrants at $0.5378 per share effective price.","Initial closing delivered 15M Datavault shares; second tranche of pre-funded warrant for 263,914,094 shares awaits stockholder approval.","Scilex gets board nomination rights: two directors if ownership ≥10%, one director if 5-10%.","Datavault management unchanged; proceeds intended to accelerate supercomputing and AI infrastructure.","Deal priced using Bitcoin spot rate from Coinbase; Datavault shares offered under effective S-3 shelf registration."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-220481","json":"https://secwatch.observer/filing/0001193125-25-220481.json","markdown":"https://secwatch.observer/filing/0001193125-25-220481.md","text":"https://secwatch.observer/filing/0001193125-25-220481.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820190/000119312525220481/0001193125-25-220481-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820190/000119312525220481/sclx-20250925.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:35:54.374130+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}