other material
confidence high
sentiment positive
materiality 0.70
Oramed receives $18M payment from Scilex, approves $0.25/share dividend
ORAMED PHARMACEUTICALS INC.
- $18M payment from Scilex closes Option Agreement; current returns total $118M on $99.5M investment.
- Retains $27M note, $12M convertible note ($36/share option), warrants, and nine-year royalty interest.
- Board approves $0.25/share cash dividend; payable Jan 26, 2026 to holders of record Jan 16, 2026.
- Aggregate dividend ~$10.5M, funded from surplus capital.