other material
confidence high
sentiment neutral
materiality 0.05
Scilex declares dividend of Dream Bowl Meme Coin I tokens; 5 tokens per share; payment begins May 26
Scilex Holding Co
- Record date Apr 30, 2026; holders of common, certain warrants, convertible notes, Series A preferred eligible.
- Each share of common (or equivalent) receives 5 Dream Bowl Tokens; independent valuation $0.00000145/token as of May 8, 2026.
- Payment starts May 26, 2026, subject to holders setting up Datavault digital wallet and submitting opt-in agreement.
- Board retains right to revoke dividend before payment date; tokens are illiquid through June 10, 2026.
- Tokens are digital collectibles for personal use; no equity, dividends, or profit rights; transferability limited.