{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-259819","form_type":"8-K","ticker":"SCLX","cik":"0001820190","company_name":"Scilex Holding Co","filed_at":"2025-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.602722+00:00","generated_at":"2026-05-17T01:08:28.700966+00:00","sec_items":["1.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Scilex terminates ELOC with Tumim; to pay $2.7M cash instead of issuing 150k shares","bullets":["Scilex and Tumim Stone Capital terminated their July 22, 2025 ELOC agreement.","In lieu of 150,000 commitment shares, Scilex will pay Tumim $2.7M in three installments: $500k by Oct 31, $500k by Nov 14, $1.7M by Dec 15, 2025.","Termination effective upon full payment; if not paid by Dec 15, commitment shares must be issued.","Company says termination due to no longer needing additional capital under the ELOC."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-259819","json":"https://secwatch.observer/filing/0001193125-25-259819.json","markdown":"https://secwatch.observer/filing/0001193125-25-259819.md","text":"https://secwatch.observer/filing/0001193125-25-259819.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820190/000119312525259819/0001193125-25-259819-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820190/000119312525259819/sclx-20251030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:08:28.700966+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"}