Scilex Holding Company Doubles Loan Facility to $100 Million with St. James Bank & Trust

Reuters
2025.12.12 21:17
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Scilex Holding Company has increased its loan facility with St. James Bank & Trust from $50 million to $100 million, amending the Non-Recourse Loan and Securities Pledge Agreement. The collateral in Datavault AI Inc. common stock was raised from 39.2 million shares to 85.8 million shares. Other terms remain unchanged.