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Scilex Holding Co
Scilex Holding Company has entered into an amendment to increase its revolving line of credit provided to Vivasor, Inc. from $20 million to $30 million. This amendment was approved by the Company's Board of Directors and Audit Committee on September 25, 2026.…more
Scilex Holding Co
Scilex Holding Co entered into a promissory note agreement on August 8, 2026, providing a revolving line of credit of up to $20 million to Vivasor, Inc. The note carries an annual interest rate of 5% with a 120-month maturity, and Scilex retains the discretion to fund drawdowns via cash, tradable securities, or subsidiary shares.…more
Scilex Holding Co
On August 8, 2026, Scilex Holding Company entered into a revolving line of credit agreement with Vivasor, Inc. for a maximum principal amount of up to $20 million. The note carries a 120-month maturity and a 5% annual interest rate, with the transaction involving Scilex CEO Henry Ji, who also serves as the CEO of Vivasor.…more
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DataMeds AI Signs LOI to Acquire IP and Expand Healthcare Ecosystem
DataMeds AI has entered into a non-binding letter of intent to acquire various intellectual property assets and expand its healthcare operations. The transaction remains subject to due diligence and the execution of definitive agreements, with no guarantee of completion.…more
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A U.S. District Court has ordered a stay on all court proceedings brought by Scilex Holding, mandating that the dispute be resolved through arbitration in the Bahamas. The court confirmed the validity of the arbitration clause and found no evidence of fraud in the loan agreement.…more
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