Scilex Holding Company Announces Closing of a $50 Million Registered Convertible Financing
Scilex Holding Company (SCLX)
Company Research
Source: GlobeNewswire
PALO ALTO, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Scilex Holding Company (Nasdaq: SCLX, “Scilex” or the “Company”), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain, today announced the closing of its previously announced registered direct offering of new tranche B senior secured convertible notes (the “Notes”) in the aggregate principal amount of $50 million and warrants to purchase up to 7,500,000 shares of the Company’s common stock. The Notes have an original issue discount of 10.0% and bear interest at a rate of 5.5% per annum and unless earlier converted or redeemed, the Notes mature on the two-year anniversary of the issuance date. The Company has received in exchange for the issuance of the Notes to 3i LP and the affiliates of Murchinson an aggregate amount in cash equal to $22,500,000, excluding fees and expenses payable by the Company. The Compan
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SCLX
News
- Scilex Holding Company Announces Receipt of Notice from Nasdaq [Yahoo! Finance]Yahoo! Finance
- Scilex Holding Company Announces Receipt of Notice from NasdaqGlobeNewswire
- Scilex Holding Company Announces Presentation of Data at the 2024 American College of Rheumatology Convergence Conference to be held at the Walter E. Washington Convention Center in Washington, D.C. on November 14 – 19, 2024 [Yahoo! Finance]Yahoo! Finance
- Scilex Holding Company Announces Presentation of Data at the 2024 American College of Rheumatology Convergence Conference to be held at the Walter E. Washington Convention Center in Washington, D.C. on November 14 – 19, 2024GlobeNewswire
- Semnur Pharmaceuticals, Inc., a Wholly Owned Subsidiary of Scilex Holding Company, Announces Today the Filing of a Registration Statement on Form S-4 by Denali Capital Acquisition Corp. with the Securities and Exchange Commission Relating to the PreviouslAcquire Media Monitor
SCLX
Earnings
- 8/13/24 - Miss
SCLX
Analyst Actions
- 10/21/24 - HC Wainwright
SCLX
Sec Filings
- 11/22/24 - Form 424B3
- 11/22/24 - Form 424B3
- 11/22/24 - Form 8-K
- SCLX's page on the SEC website