Financing ·
Scilex Holding Company entered into a binding term sheet with iHolding Group LLP to purchase $100,000,000 of newly…
SCLXScilex Holding Co
Scilex Holding Company entered into a binding term sheet with iHolding Group LLP to purchase $100,000,000 of newly issued common stock at an expected price of $15.00 per share, representing approximately 6,666,667 shares. The transaction is subject to customary due diligence, definitive agreements, board approvals, and stockholder approval. Scilex Holding Company is a pharmaceutical company focused on developing and commercializing specialty pain management solutions.