Scilex Holding Company Announces Change in Record Date for its Previously Announced Dividend of Preferred Stock Exchangeable for up to 10% of Scilex's Ownership Interest in Semnur Pharmaceuticals, Inc., its Wholly Owned Subsidiary from November 7, 2024 to January 28, 2025
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Scilex Holding Company has changed the record date for its previously announced dividend of preferred stock, which is exchangeable for up to 10% of its ownership interest in Semnur Pharmaceuticals, from November 7, 2024, to January 28, 2025.
December 30, 2024 | 2:15 pm
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Scilex Holding Company has adjusted the record date for its preferred stock dividend, which could affect shareholder value and interest in Semnur Pharmaceuticals.
The change in record date for the dividend may affect investor sentiment and trading activity in the short term. However, as the dividend is still planned, the overall impact on Scilex's stock price is neutral.
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