Scilex Discloses Uncommitted $20 Million Credit Line to Related Party Vivasor
Scilex Holding Company agreed on August 8, 2026 to set up an uncommitted revolving credit line of up to $20,000,000 in favor of Vivasor, Inc., a related party whose CEO is Scilex CEO Dr. Henry Ji. The company has no obligation to fund any drawdown, and each advance is at its sole discretion, so the line creates a possible future cash or stock outflow rather than an immediate one.
Key points
- Maximum aggregate principal of up to $20,000,000 with a 120-month maturity from August 8, 2026
- Interest at 5% per annum, accruing from each funded drawdown; Vivasor may prepay without penalty
- Company may fund drawdowns in cash, freely tradable Scilex securities, or Datavault AI, Inc. common stock it holds, or a combination
- Dr. Henry Ji is Scilex's CEO, President and Chairperson and also CEO of Vivasor; the Board and Audit Committee approved the note
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
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