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Scilex Holding Ends Sales Agreement with Brokers

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Scilex Holding Ends Sales Agreement with Brokers

The latest announcement is out from Scilex Holding Company ( (SCLX) ).

Scilex Holding Company voluntarily terminated its Sales Agreement with B. Riley Securities Inc., Cantor Fitzgerald & Co., and H.C. Wainwright & Co., LLC, effective March 5, 2025. During the agreement, which began on December 22, 2023, Scilex sold 2,764,187 shares of common stock, generating approximately $2,693,840 in gross proceeds, with the termination occurring without penalty.

More about Scilex Holding Company

YTD Price Performance: -45.87%

Average Trading Volume: 1,409,402

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $57.42M

Learn more about SCLX stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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