---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-328656"
form_type: "8-K"
ticker: "SCLX"
cik: "0001820190"
company_name: "Scilex Holding Co"
filed_at: "2025-12-22T23:59:59+00:00"
generated_at: "2026-05-16T12:26:17.282144+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Scilex closes $22.6M first tranche of previously announced $50M non-recourse loan

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-328656
- form_type: 8-K
- ticker: SCLX
- cik: 0001820190
- company_name: Scilex Holding Co
- filed_at: 2025-12-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820190/000119312525328656/0001193125-25-328656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820190/000119312525328656/sclx-20251222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-328656
- JSON: https://secwatch.observer/filing/0001193125-25-328656.json
- Plain text: https://secwatch.observer/filing/0001193125-25-328656.txt

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