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Scilex Holding Company ( (SCLX) ) has issued an announcement.
On April 15, 2025, Scilex Holding Company implemented a reverse stock split of its common stock at a ratio of 1-for-35. Subsequently, on May 9, 2025, the company’s Compensation Committee approved an amended compensation policy for non-employee directors to adjust their equity grants in line with the reverse stock split. The new policy, effective retroactively from April 15, 2025, grants newly appointed non-employee directors options to purchase 7,142 shares and continuing directors options for 2,857 shares, while maintaining other compensation terms unchanged.
The most recent analyst rating on (SCLX) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Scilex Holding Company stock, see the SCLX Stock Forecast page.
More about Scilex Holding Company
Average Trading Volume: 94,399
Technical Sentiment Signal: Sell
Current Market Cap: $27.84M
For an in-depth examination of SCLX stock, go to TipRanks’ Stock Analysis page.