---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-097505"
form_type: "8-K"
ticker: "ORMP"
cik: "0001176309"
company_name: "ORAMED PHARMACEUTICALS INC."
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T08:48:37.878598+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-23-097505
- form_type: 8-K
- ticker: ORMP
- cik: 0001176309
- company_name: ORAMED PHARMACEUTICALS INC.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176309/000121390023097505/0001213900-23-097505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176309/000121390023097505/ea190496-8k_oramed.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-097505
- JSON: https://secwatch.observer/filing/0001213900-23-097505.json
- Plain text: https://secwatch.observer/filing/0001213900-23-097505.txt

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