SCLX Scilex Holding Company
Price Chart
Executive Summary
Scilex announced a June 15, 2026 payment date for its previously declared dividend of Semnur Pharmaceuticals (OTC: SMNR) common stock, distributing approximately 14 million shares to holders of record as of June 1, 2026. The dividend is subject to board revocation and provides a direct distribution of a key subsidiary's stock to Scilex shareholders.
Actionable Insight
The dividend provides a direct stake in Semnur, which holds the SEMDEXA (SP-102) asset. Monitor for any board revocation or changes to the payment date. The ex-dividend date set by Nasdaq will determine the trading adjustment for SCLX shares.
Key Facts
- Payment date set for June 15, 2026; record date is June 1, 2026.
- One share of Semnur common stock per share of Scilex common stock held.
- Approximately 14 million Semnur shares to be distributed out of 186 million beneficially owned by Scilex.
- Dividend is conditioned on board not revoking it prior to payment date.
- Board retains right to change record date and payment date at any time.
Financial Impact
Distribution of ~14 million shares of Semnur common stock; Scilex retains ~172 million shares post-dividend.
Risk Factors
- Board may revoke or modify the dividend at any time before payment.
- Semnur (OTC: SMNR) may have limited liquidity, affecting the value of distributed shares.
- Scilex retains majority ownership of Semnur, so the dividend does not fully separate the entities.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3306806 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 12, 2026
today
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Press Release
| $8.75 awaiting T+1 | awaiting T+1 | — | $8.50 (−2.86%) |
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Jun 12, 2026
1d ago
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EFFECT
| $8.75 awaiting T+1 | awaiting T+1 | — | $8.50 (+2.86%) |
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Jun 11, 2026
1d ago
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Institutional Cluster
| $8.53 awaiting T+1 | awaiting T+1 | — | $8.50 (−0.35%) |
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Jun 4, 2026
8d ago
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Press Release
| $7.58 $7.00 | ▼ −7.65% | ▼ −5.05% | $8.50 (+12.14%) |
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May 5, 2026
5w ago
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Press Release
| $10.73 $9.50 | ▼ −11.46% | ▼ −12.85% | $8.50 (−20.78%) |
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May 4, 2026
5w ago
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Press Release
| $11.15 $10.73 | ▼ −3.77% | ▼ −4.56% | $8.50 (−23.77%) |
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Apr 17, 2026
8w ago
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Insider Cluster
| $6.90 $6.95 | ▲ +0.65% | ▲ +0.84% | $8.50 (+23.19%) |
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Mar 13, 2026
13w ago
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8-K
| $8.28 $8.43 | ▼ −1.81% | ▼ −0.79% | $8.50 (−2.66%) |
US Market Status
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