Oramed receives $5M first principal payment on $101.9M Scilex Note; next $15M due March 21, 2024

ORAMED PHARMACEUTICALS INC.

Received $5 million first principal payment on December 21, 2023, under Senior Secured Promissory Note from Scilex.
Next principal payment of $15 million expected on March 21, 2024.
Note principal amount $101,875,000, due 18 months from issuance (September 21, 2023).
Payments are part of Securities Purchase Agreement consummated on September 21, 2023.

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