Brief: Scilex Enters Into Equity Purchase Agreement With B. Riley Principal Capital
09/01/2023 11:43
Jan 9 (Reuters) - Scilex Holding Co SCLX.O :
* SCILEX HOLDING CO- ON JAN 8, ENTERED INTO A STANDBY EQUITY
PURCHASE AGREEMENT WITH B. RILEY PRINCIPAL CAPITAL II, LLC
* SCILEX HOLDING CO- PURSUANT TO DEAL, CO HAS THE RIGHT, BUT
NOT
THE OBLIGATION, TO SELL TO B. RILEY UP TO $500 MILLION OF ITS
SHARES OF COMMON STOCK
Source text: (https://bit.ly/3ip9O93)
Further company coverage: SCLX.O
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