Scilex entered into a binding term sheet for a proposed $100 million equity investment to support its operations and growth. Under the terms, iHolding Group would purchase approximately 6,666,667 newly issued common shares at $15.00 per share. The investment is subject to due diligence, definitive documentation, board and stockholder approvals, and any required regulatory clearances. There is no assurance the transaction will be completed on the stated terms or at all.
Agreement details:
- Agreement type: Binding term sheet for $100 million common stock investment
- Counterparty: iHolding Group
- Signed / Effective: Jul 03 2026 / same
- Duration / Termination: At will
- Reason: Raise capital to strengthen liquidity and fund growth
Original SEC Filing:
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