Scilex Holding Company announced that its Board of Directors has approved changing the record date for its previously announced dividend of Scilex preferred stock.
The new record date for the dividend, which is exchangeable for up to 10% of Scilex's ownership interest in Semnur Pharmaceuticals, Inc., will be January 28, 2025.
This change defers the record date from the previously set November 7, 2024. The payment date will be determined by subsequent Board resolutions, to be within 60 days following the new record date.
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