Scilex Completes $27 Million Repurchase of Oramed Penny Warrants

Reuters2025-12-31
Scilex Completes $27 Million Repurchase of Oramed Penny Warrants

Scilex Holding Company has completed the repurchase of warrants previously issued to Oramed Pharmaceuticals Inc. The company exercised its option to repurchase a total of 6,500,000 "Penny Warrants"—warrants to purchase Scilex common stock at $0.01 per share—in two tranches for an aggregate purchase price of $27 million. The first tranche, totaling $13 million, was completed in September 2025, and the second tranche, amounting to $14 million, was finalized on December 30, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scilex Holding Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-336947), on December 30, 2025, and is solely responsible for the information contained therein.

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