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 January 28, 2025 to April 11, 2025
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Scilex Holding Company has changed the record date for its dividend of preferred stock, exchangeable for up to 10% of its ownership in Semnur Pharmaceuticals, from January 28, 2025, to April 11, 2025.
March 10, 2025 | 1:15 pm
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Scilex Holding Company has adjusted the record date for its preferred stock dividend, which is exchangeable for a stake in Semnur Pharmaceuticals, to April 11, 2025.
The change in the record date for the dividend may affect investor expectations and planning, but it does not directly impact the company's financial performance or market position. The impact on stock price is likely neutral in the short term.
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