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Scilex Holding Company Updates Board After Business Merger

Story Highlights
  • Scilex Holding Company saw board changes on September 22, 2025, linked to a business combination.
  • Stephen Ma was appointed to the board, reflecting strategic adjustments post-business combination.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Scilex Holding Company Updates Board After Business Merger

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Scilex Holding Company ( (SCLX) ) has provided an update.

On September 22, 2025, Scilex Holding Company experienced changes in its board of directors due to a business combination involving Denali Capital Acquisition Corp. and Semnur Pharmaceuticals, a majority-owned subsidiary of Scilex. Directors Annu Navani and Jaisim Shah resigned, with Mr. Shah’s affiliated company, Inform LLC, entering a consulting agreement with Scilex for five years. The board reduced its size from six to five members and appointed Stephen Ma, the company’s CFO, to fill the vacancy. These changes reflect strategic adjustments following the business combination, potentially impacting the company’s governance and operational dynamics.

The most recent analyst rating on (SCLX) stock is a Buy with a $770.00 price target. To see the full list of analyst forecasts on Scilex Holding Company stock, see the SCLX Stock Forecast page.

More about Scilex Holding Company

Average Trading Volume: 233,494

Technical Sentiment Signal: Buy

Current Market Cap: $198.9M

See more data about SCLX stock on TipRanks’ Stock Analysis page.

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