---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-023721"
form_type: "8-K"
ticker: "ORMP"
cik: "0001176309"
company_name: "ORAMED PHARMACEUTICALS INC."
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T12:56:07.855043+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Oramed receives $15M early payment on Scilex note; $20M due June 21

## Summary
- Received $11.5M on Mar 14 and $3.5M on Mar 18 as early payments toward $15M second principal payment due Mar 21, 2024.
- Third principal payment of $20M expected on June 21, 2024.
- Note originally $101,875,000 principal, issued Sep 2023 in exchange for Scilex assuming certain Sorrento obligations.
- First principal payment of $5M was received Dec 21, 2023.

## SEC filing metadata
- accession: 0001213900-24-023721
- form_type: 8-K
- ticker: ORMP
- cik: 0001176309
- company_name: ORAMED PHARMACEUTICALS INC.
- filed_at: 2024-03-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176309/000121390024023721/0001213900-24-023721-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176309/000121390024023721/ea0202046-8k_oramed.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-023721
- JSON: https://secwatch.observer/filing/0001213900-24-023721.json
- Plain text: https://secwatch.observer/filing/0001213900-24-023721.txt

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