Scilex Holding (SCLX) Prices 5.88M Share Offering at $1.70/sh
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Scilex Holding Company Announces $10 Million Bought Deal Offering
February 29, 2024 5:32 PM ESTPALO ALTO, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Scilex Holding Company (Nasdaq: SCLX, Scilex or the Company), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain, today announced that it has entered into an underwriting agreement with Rodman & Renshaw LLC and StockBlock Securities LLC, as underwriters, pursuant to which the underwriters have agreed to purchase on a firm commitment basis 5,882,353 shares of common stock of the Company and accompanying common warrants (the Common Warrants) to purchase up to 5,882,353 shares of common stock, at a price to the... More
