Scilex Holding Company Board Authorized Management To Explore Ways To Maximize Value Of Scilex Pharma, Including Spinoff, Public Listing Of Scilex Pharma Securities, Potential Transaction Or Dividend
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Scilex Holding Company is exploring strategic options to maximize the value of Scilex Pharma. These options include a spinoff, public listing of Scilex Pharma securities, potential transactions, or dividends.
October 16, 2024 | 11:04 am
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Scilex Holding Company is considering strategic options for Scilex Pharma, which could include a spinoff, public listing, or other transactions. This could potentially unlock value for shareholders.
The exploration of strategic options such as a spinoff or public listing could lead to increased shareholder value for Scilex Holding Company. These actions often result in a positive market reaction as they can unlock hidden value and provide clearer business focus.
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