---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-312591"
form_type: "8-K"
ticker: "SCLX"
cik: "0001820190"
company_name: "Scilex Holding Co"
filed_at: "2026-07-22T21:30:55+00:00"
generated_at: "2026-07-22T21:32:18.540555+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scilex sells Vivasor preferred shares for $12M; CEO Henry Ji on both sides

## Summary
- Scilex sells 6.1M Series A-1 and 355.9K Series A-2 Vivasor preferred shares for $12M ($1.8583/share).
- Payment in five tranches through June 2027; first $1M on July 18, 2026.
- Payment may be in cash or assignment of Datavault AI (DVLT) shares held by Vivasor subsidiary.
- CEO Henry Ji serves as CEO of both Scilex and Vivasor, making it a related-party transaction.
- Scilex acquired the shares in January 2026; now selling them back to Vivasor.

## SEC filing metadata
- accession: 0001193125-26-312591
- form_type: 8-K
- ticker: SCLX
- cik: 0001820190
- company_name: Scilex Holding Co
- filed_at: 2026-07-22T21:30:55+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820190/000119312526312591/0001193125-26-312591-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820190/000119312526312591/sclx-20260718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-312591
- JSON: https://secwatch.observer/filing/0001193125-26-312591.json
- Plain text: https://secwatch.observer/filing/0001193125-26-312591.txt

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