Scilex Holding Company (SCLX) Dividend History

Scilex Holding Company (SCLX) is a specialty pharmaceutical company focused on developing and commercializing innovative pain management and other healthcare products. It aims to deliver targeted medical treatments through research, development, and strategic partnerships in the healthcare sector.

960 San Antonio Road, Palo Alto, CA, 94303
Phone: (650) 516-4310
Website: https://www.scilexholding.com

Dividend History

Scilex Holding Company currently does not pay dividends

Company News

Scilex Holding Company Announces Deferral of 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 May 2, 2025 to a future date to be determined by the Board

Scilex Holding Company announced a deferral of the record date for its previously announced dividend of preferred stock exchangeable for up to 10% of its subsidiary Semnur Pharmaceuticals. The new record date will be determined by the Board at a later date.

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June closed on a high note for the stock market, with the S&P 500, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), gaining 3.2%, despite significant disparities in sector and industry performances. The technology sector, as tracked by the Technology Select Sector SPDR Fund (NYSE:XLK), led the 11 S&P 500 sectors in performance last month, surging 7.7% and achieving its strongest monthly gain this year. In stark contrast, utilities lagged, with the Utilities Select Sector SPDR Fund (NYSE:XLU) dropping 6.3%, marking the worst month since September 2023. Top Performing Industry ETFs In June The iShares Expanded Tech-Software Sector ETF (NYSE:IGV) rallied 11.3% last month, topping the rankings among industry ETFs. Hot on its heels was the VanEck Semiconductor ETF (NYSE:SMH), which climbed 8.4%, showcasing strong momentum in the semiconductor sector. Since hitting its low ...Full story available on Benzinga.com

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An analyst at H.C. Wainwright initiated coverage on the stock.

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