secwatch.observer — SEC 8-K summary
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Issuer:     Scilex Holding Co (SCLX)
CIK:        0001820190
Form:       8-K
Filed at:   2026-05-11T20:32:28+00:00
Accession:  0001193125-26-216921
Event type: other_material
Sentiment:  neutral
Materiality: 0.05
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scilex declares dividend of Dream Bowl Meme Coin I tokens; 5 tokens per share; payment begins May 26
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820190/000119312526216921/0001193125-26-216921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820190/000119312526216921/sclx-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-216921

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer