Scilex Holding Company (NASDAQ:SCLX) has informed its stockholders about manipulative and naked short selling of its common stock. Management believes there are around 10 million shares sold short and more than 10 million Dividend Shares sold as 'naked short' positions since January 2023, which have not been covered. Additionally, there are substantial 'naked short' positions in approximately 44 million shares, based on voting data from Broadridge Financial Solutions, Inc. This situation may constitute a violation of Regulation SHO due to the failure of brokerage firms to deliver Dividend Shares for about 15 months.