An announcement from Scilex Holding Company (SCLX) is now available.
Scilex Holding Company and investment entity Yorkville have mutually agreed to terminate their previous agreement for a standby equity purchase, which could have led to sales of Scilex’s common stock worth up to $500 million. This termination took effect on March 25, 2024, signaling a shift in the company’s financing strategy.
Find detailed analytics on SCLX stock on TipRanks’ Stock Analysis page.
