Scilex Holding Co Files For Mixed Shelf Of Up To $500M
Portfolio Pulse from Benzinga Newsdesk
Scilex Holding Co has filed with the SEC for a mixed shelf offering, allowing it to sell various types of securities up to a total of $500 million.
December 22, 2023 | 9:25 pm
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Scilex Holding Co's mixed shelf filing could lead to future dilution of shares but also provides capital for growth, potentially impacting its stock price.
The mixed shelf offering indicates that Scilex Holding Co may issue new securities, which could dilute existing shares. However, the capital raised could be used for growth initiatives, which might be positive. The exact impact on the stock price will depend on investor perception and the specifics of any future offerings.
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