Scilex Holding Company has entered into a Non-Recourse Loan and Securities Pledge Agreement with The St. James Bank & Trust Company Ltd., a Bahamas-based financial institution. Under the agreement, Scilex may borrow up to $50 million in multiple tranches. The first tranche of the loan, totaling approximately $22.6 million (excluding the structure fee), closed on December 22, 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: 0001193125-25-328656), on December 22, 2025, and is solely responsible for the information contained therein.