DividendMay 4, 2026, 06:03 AM
Scilex Sets May 26 Payment Date for Dream Bowl Token Dividend
AI Summary
Scilex Holding Company announced that its board of directors has fixed May 26, 2026, as the payment date for the previously announced dividend of Dream Bowl Meme Coin I tokens. Record holders as of April 30, 2026, will receive five tokens for each share of common stock held. Scilex plans to distribute approximately 81.4 million tokens and intends to list them on the Biconomy exchange in the second quarter of 2026 to provide liquidity. The payment is conditional, and the Board may change the date or revoke the dividend prior to the Payment Date.
Key Highlights
- Payment Date for Dream Bowl Token Dividend fixed as May 26, 2026.
- Record Date for eligible equityholders was April 30, 2026.
- Record Holders will receive 5 Dream Bowl Tokens for each share of common stock.
- Scilex plans to distribute approximately 81.4 million Dream Bowl Tokens.
- Company currently holds approximately 268 million Dream Bowl Tokens.
- Dream Bowl Tokens intended to be listed on Biconomy exchange in Q2 2026.
- Payment is conditional and the Board may change the date or revoke the Dividend.
Price Impact
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