Scilex Holding Company has confirmed that it will pay a dividend of Semnur Pharmaceuticals common stock to holders of Scilex common stock and other eligible securities on June 15, 2026. The record date for eligibility is June 1, 2026, and the ex-dividend date is June 16, 2026. Eligible shareholders will receive one share of Semnur stock for each share of Scilex stock they hold. This dividend reflects Scilex's strategy to distribute shares of its majority-owned subsidiary, Semnur, which focuses on non-opioid pain therapies. Investors should note potential risks including changes to the record or payment dates and other business uncertainties.
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