Company: SCLXW
Filing Date: 2025-03-10
Form Type: 8-K
Source: 0000950170-25-035963
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Company: Scilex Holding Co
Filing Date: 2025-03-10
Form: 8-K
Item: Item 7.01
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Item 7.01. Regulation FD Disclosure.

On March 10, 2025, Scilex Holding Company (the “ Company”) issued a press release announcing that its Board of Directors (the “ Board”) has approved a change to the previously announced record date of January 28, 2025 for its previously announced dividend of Series 1 Mandatory Exchangeable Preferred Stock, par value $0.0001 per share, of the Company (the “ Dividend”) to its stockholders and certain other of its securityholders as of such record date (collectively, the “ Record Holders”). The new record date for the Dividend will be April 11, 2025 (the “ New Record Date”). Subject to the Board’s right to change the New Record Date, the Dividend (unless otherwise determined by the Board) shall be paid on such date to be determined by subsequent resolutions of the Board, which payment date shall be within 60 days following the New Record Date (i. e., not later than June 10, 2025) (such date as determined by the Board, the “ Payment Date”) and shall be apportioned on a pro rata basis among the Record Holders as previously announced by the Company.

The New Record Date may be changed by the Board for any reason at any time prior to the actual payment of the Dividend with any such change in the New Record Date to be disclosed by the Company in a Current Report on Form 8-K. Payment of the Dividend is conditioned upon the Board not having revoked the dividend prior to the Payment Date, including for a material change to the solvency or surplus analysis presented to the Board. A copy of the press release is attached as Exhibit 99.1 to this Current Report.

The information under this Item 7.01 of this Current Report is being furnished and shall not be deemed filed for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such a filing. This report will not be deemed an admission as to the materiality of any information required to be disclosed solely to satisfy the requirements of Regulation FD.

The information in this Current Report may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. All