{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-288677","form_type":"8-K","ticker":"SCLX","cik":"0001820190","company_name":"Scilex Holding Co","filed_at":"2026-06-29T21:01:30+00:00","discovered_at":"2026-06-29T21:02:00.711464+00:00","generated_at":"2026-06-29T21:02:16.460055+00:00","sec_items":["1.01","3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Scilex signs binding term sheet to buy 837 Bitcoin from Datavault for $50M","bullets":["Purchase of 837 BTC from Datavault AI Inc. for $50M; initial $30M cash payment due at closing.","Remaining $20M payable quarterly from Q4 2026 through Dec 31, 2028, in cash, Scilex common stock, or subsidiary securities.","Transaction subject to definitive agreement, regulatory approvals, and board approvals; no guarantee of closing.","Potential issuance of common stock in private placement exempt under Section 4(a)(2) and Regulation D."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-288677","json":"https://secwatch.observer/filing/0001193125-26-288677.json","markdown":"https://secwatch.observer/filing/0001193125-26-288677.md","text":"https://secwatch.observer/filing/0001193125-26-288677.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820190/000119312526288677/0001193125-26-288677-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820190/000119312526288677/sclx-20260624.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T21:02:16.460055+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}