Scilex Holding Company entered into a warrant agreement with Oramed Pharmaceuticals under which Scilex will issue Oramed a new warrant to buy 100,000 common shares at an initial exercise price of $20.00 per share. The warrant is immediately exercisable, expires Dec. 13, 2029, and was issued in a private placement exemption, with Scilex agreeing to file a resale registration statement for the underlying shares.
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