---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-039909"
form_type: "8-K"
ticker: "ORMP"
cik: "0001176309"
company_name: "ORAMED PHARMACEUTICALS INC."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:46:59.293681+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Oramed receives ~$9.6M prepayment from Scilex on $101.9M note; June 2024 payment reduced to ~$10.4M

## Summary
- Received ~$9.6M prepayment on May 2, 2024 from Scilex under mandatory prepayment provision.
- Prepayment reduces third installment due June 21, 2024 from $20M to ~$10.4M.
- Note originally issued Sep 2023 in principal amount of $101.875M with warrants.
- Previously received $20M in principal payments.

## SEC filing metadata
- accession: 0001213900-24-039909
- form_type: 8-K
- ticker: ORMP
- cik: 0001176309
- company_name: ORAMED PHARMACEUTICALS INC.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176309/000121390024039909/0001213900-24-039909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176309/000121390024039909/ea0205280-8k_oramed.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-039909
- JSON: https://secwatch.observer/filing/0001213900-24-039909.json
- Plain text: https://secwatch.observer/filing/0001213900-24-039909.txt

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