Scilex Holding Company announced that it has entered into an underwriting agreement with Rodman & Renshaw and StockBlock Securities, as underwriters, pursuant to which the underwriters have agreed to purchase on a firm commitment basis 5.88M shares of common stock of the company and accompanying common warrants to purchase up to 5.88M shares of common stock, at a price to the public of $1.70 per share and accompanying common warrant, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about March 5, subject to the satisfaction of customary closing conditions. Rodman & Renshaw and StockBlock Securities are acting as the joint book-running managers for the offering.
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