debt
confidence high
sentiment neutral
materiality 0.50
Scilex closes $22.6M first tranche of previously announced $50M non-recourse loan
Scilex Holding Co
- First tranche of $50M loan from The St. James Bank & Trust Company Ltd. closed on Dec 22, 2025.
- Amount drawn: approximately $22.6 million, excluding structure fee.
- Loan is non-recourse and secured by a pledge of securities per the December 1, 2025 agreement.