Financing ·
Scilex Holding Company entered into a Promissory Note establishing an uncommitted revolving line of credit with…
SCLXWScilex Holding Co
Scilex Holding Company entered into a Promissory Note establishing an uncommitted revolving line of credit with Vivasor, Inc., allowing Vivasor to borrow up to $20 million. The facility carries a 5% annual interest rate and matures in 120 months from August 8, 2026. Scilex has no obligation to fund any drawdowns, which may be made in cash, Scilex securities, or Datavault AI shares at its sole discretion. Dr. Henry Ji serves as CEO of both companies. This transaction represents a related-party lending arrangement within the biotechnology and healthcare sector.