DividendMay 11, 2026, 04:38 PM
Scilex Declares Dream Bowl Meme Coin I Dividend; 5 Tokens per Share
AI Summary
Scilex Holding Co. announced a dividend of Dream Bowl Meme Coin I tokens to eligible equity holders, including common stock, warrants, convertible notes, and Series A Preferred Stock. The distribution ratio is five tokens for each share of common stock (or underlying security) held as of the April 30, 2026 record date, with payments starting May 26, 2026. Recipients must set up a Datavault digital wallet and submit an Opt-In Agreement to receive the tokens, which have a fair market value of $0.00000145 each and are intended for non-commercial use.
Key Highlights
- Scilex declared a dividend of Dream Bowl Meme Coin I tokens to eligible equity holders.
- Distribution ratio is 5 Dream Bowl Tokens for each 1 share of common stock (or underlying security).
- Record Date for eligibility was April 30, 2026.
- Payment of tokens will commence on May 26, 2026.
- Recipients must have a Datavault digital wallet and submit an Opt-In Agreement.
- Fair market value per Dream Bowl Token is $0.00000145 as of May 8, 2026.
- The Board retains the right to revoke the dividend prior to the payment date.
- Tokens are intended for non-commercial use and will be listed on Biconomy exchange later.
Price Impact
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