DividendJun 4, 2026, 09:01 AM
Scilex Sets June 15 Payment Date for Semnur Stock Dividend
AI Summary
Scilex Holding Company announced that its board of directors has set June 15, 2026, as the payment date for the previously announced dividend of Semnur Pharmaceuticals, Inc. common stock. Participating holders of Scilex securities as of the June 1, 2026 record date will receive one share of Semnur common stock for each share of Scilex common stock held. Scilex plans to distribute approximately 14.0 million shares of Semnur to eligible holders, with the payment being conditional on the Board not revoking the dividend.
Key Highlights
- Dividend payment date set for June 15, 2026.
- Record date for the dividend was June 1, 2026.
- Participating holders receive 1 Semnur share per Scilex share.
- Approximately 14.0 million Semnur shares to be distributed.
- Payment is conditional on the Board not revoking the dividend.
Price Impact
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