---
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"
generated_at: "2026-05-17T01:08:28.700966+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Scilex terminates ELOC with Tumim; to pay $2.7M cash instead of issuing 150k shares

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-259819
- JSON: https://secwatch.observer/filing/0001193125-25-259819.json
- Plain text: https://secwatch.observer/filing/0001193125-25-259819.txt

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