Scilex Holding Co (SCLX): Completion of Acquisition or Disposition of Assets
Scilex Holding Co (SCLX) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. EX-10.1 2 sclx-ex10_1.htm EX-10.1 EX-10.1 Exhibit 10.1 Stock repurchase AGREEMENT This Stock Repurchase Agreement (this “ Agreement ”) is made and entered into effective as of July 18, 2026 (the “ Effective Date ”) by and among (i) Vivasor Holding Company, a Delaware corporation
How this was made
The 30-second read
Why it matters
SCLX is repurchasing Series A-1 and A-2 preferred shares from the seller entities for an aggregate $11,999,762.28, with $999,980.97 paid on the effective date and the remainder paid in tranches through June 30, 2027. Payment can be made in cash and/or by assigning DVLT shares held by a subsidiary, with DVLT share counts determined using the Nasdaq-reported price immediately preceding each payment date.
Market read
Traders may focus on the tranche schedule and the DVLT share-price-dependent mechanics that can affect SCLX’s effective capital outlay and timing.
What to watch
Tranche payment dates (and the DVLT deemed share price on each payment date) can materially change the effective cost and timing of capital deployment, affecting valuation more than the headline $1.8583 price per share.
Background
The 8-K references Item 2.01 completion of acquisition/disposition of assets and includes an exhibit describing a stock repurchase agreement between Vivasor entities and Scilex.
Ticker impact
Scilex (SCLX) 8-K discloses completion of an asset transaction tied to a stock repurchase agreement for preferred shares at $1.8583 per share.
Near-term volatility possible around tranche timing and any DVLT-share valuation, but direction is uncertain from the excerpt alone.
This is a primary SEC 8-K disclosure with concrete deal mechanics (price per share, aggregate consideration, tranche schedule). However, the excerpt does not provide the market context for SCLX or DVLT, limiting directional conviction.
Market effects
Limited sector read-through; this appears company-specific capital structure and related-share consideration mechanics.
No clear regional market linkage from the excerpt.
No clear global macro or cross-border impact stated in the excerpt.
Counterpoint
Because part of the consideration is paid via DVLT share assignment, the economic impact to SCLX shareholders could be less favorable if DVLT trades down relative to the implied deemed price.
Key entities
- issuerScilex Holding Company
Subject of the SEC 8-K, disclosing completion of an asset transaction and a preferred-share repurchase agreement.
- counterpartyVivasor Holding Company
Seller entity in the stock repurchase agreement.
- counterpartyVivasor, Inc.
Subsidiary of Vivasor Holding Company and party to the agreement.
- equity considerationDatavault AI, Inc.
DVLT shares are used as part of the purchase price payment mechanism.
