---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-055006"
form_type: "8-K"
ticker: "ORMP"
cik: "0001176309"
company_name: "ORAMED PHARMACEUTICALS INC."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:24:03.352682+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Oramed receives $10.4M payment from Scilex on senior secured note; total payments reach $40M

## Summary
- Received approximately $10.4M on June 20, 2024, fulfilling the $20M third principal payment obligation under the Scilex note.
- Total principal payments received to date stand at $40.0M, up from $29.6M previously.
- Note originally issued in September 2023 with principal amount of $101.875M as part of Scilex's assumption of Sorrento obligations.

## SEC filing metadata
- accession: 0001213900-24-055006
- form_type: 8-K
- ticker: ORMP
- cik: 0001176309
- company_name: ORAMED PHARMACEUTICALS INC.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176309/000121390024055006/0001213900-24-055006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176309/000121390024055006/ea0208337-8k_oramed.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-055006
- JSON: https://secwatch.observer/filing/0001213900-24-055006.json
- Plain text: https://secwatch.observer/filing/0001213900-24-055006.txt

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