8-K
filed April 28, 2026, 7:59 PM ET
ticker SCLX
CIK 0001820190
other material
confidence high
sentiment neutral
materiality 0.75
Scilex to pay $120M to Datavault for quantum GPU network, revenue-sharing deal
Scilex Holding Co
- Upfront cash contribution of $120M to Datavault, payable in multiple closings by Dec 31, 2026.
- Funds to deploy quantum-ready GPU infrastructure across ~100 US cities.
- Datavault to pay Scilex 30% of network gross revenues until $250M, then 15% until $1.2B, then 5% thereafter.
- Definitive agreement subject to negotiation, board approvals, and customary conditions; no guarantee of closing.
- Binding term sheet governed by Delaware law; may be terminated by either party.
Machine-readable event card
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- 0001820190
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- Scilex Holding Co
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- 2026-04-28T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:33.000814+00:00
- generated_at
- 2026-05-15T03:08:00.064489+00:00
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- ["1.01"]
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- neutral
- materiality_score
- 0.75
- calibrated_materiality_score
- 0.75
- confidence
- high
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- https://secwatch.observer/filing/0001193125-26-187620
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- https://www.sec.gov/Archives/edgar/data/1820190/000119312526187620/0001193125-26-187620-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1820190/000119312526187620/sclx-20260426.htm
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- deepseek-v4-flash:cloud@v2
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