Scilex establishes uncommitted revolving credit line of up to $20 million for Vivasor

Reuters2026/08/12 21:20

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Scilex entered a Promissory Note (Revolving Line of Credit) with Vivasor on Aug. 8, 2026, setting up to USD 20 million.
Facility is uncommitted; Scilex can decline drawdowns at its sole discretion.
Drawdowns may be funded in cash or securities, including Scilex stock or Datavault AI shares held by Scilex.
Borrowings carry 5% annual interest; maturity is 120 months from the effective date.
CEO Henry Ji also leads Vivasor, creating a related-party transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scilex Holding Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-347186), on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Scilex establishes uncommitted revolving credit line of up to $20 million for Vivasor

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