<h3>关键见解</h3>
<ul>
<li>零售投资者在 Scilex Holding 中的显著持股表明，他们在管理和商业战略上集体拥有更大的发言权</li>
<li>前 25 大股东持有 43% 的股份</li>
<li>Scilex Holding 的 13% 股份由机构持有</li>
</ul>
<p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是 - 它们的市值都在 100 亿美元以下 - 仍然有机会提前入场。</p>
<p>要了解谁真正控制了 Scilex Holding Company (NASDAQ:SCLX)，了解公司的所有权结构非常重要。而持有最大份额的群体是零售投资者，拥有 57% 的股份。换句话说，这个群体面临着最大的上行潜力（或下行风险）。</p>
<p>因此，零售投资者作为一个群体在上周经历了最高的损失，因为市值下降了 1200 万美元。</p>
<p>让我们深入探讨 Scilex Holding 的每种所有者类型，从下面的图表开始。</p>
<p>查看我们对 Scilex Holding 的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/607715156-ownership-breakdown-1-dark-2/1765984462925?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/607715156-ownership-breakdown-1-dark-2/1765984462925"/></p>
<p>NasdaqCM:SCLX 所有权分布 2025 年 12 月 17 日</p>
<h2>机构持股对 Scilex Holding 的启示是什么？</h2>
<p>许多机构将其业绩与接近当地市场的指数进行比较。因此，他们通常更关注纳入主要指数的公司。</p>
<p>我们可以看到 Scilex Holding 确实有机构投资者，他们持有公司相当一部分的股票。这意味着为这些机构工作的分析师已经关注了该股票，并且他们对其持积极态度。但就像其他任何人一样，他们也可能会出错。如果两家大型机构投资者同时试图抛售股票，股价大幅下跌并不罕见。因此，查看 Scilex Holding 过去的盈利轨迹是值得的（见下文）。当然，记住还有其他因素需要考虑。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/607715156-earnings-and-revenue-growth-1-dark-2/1765984464227?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/607715156-earnings-and-revenue-growth-1-dark-2/1765984464227"/></p>
<p>NasdaqCM:SCLX 盈利和收入增长 2025 年 12 月 17 日</p>
<p>对冲基金在 Scilex Holding 中的股份不多。我们的数据显示，Sclx Stock Acquisition Jv Llc 是最大股东，持有 24% 的流通股份。同时，第二和第三大股东分别持有 4.9% 和 4.6% 的流通股份。</p>
<p>通过研究我们的所有权数据，我们发现前 25 大股东共同持有的股份不到 50%，这意味着没有任何个人拥有多数权益。</p>
<p>虽然研究公司的机构持股可以为您的研究增值，但研究分析师的推荐也是一个好习惯，以更深入地了解股票的预期表现。该股票有一些分析师覆盖，但随着时间的推移，它仍然可以变得更加知名。</p>
<h2>Scilex Holding 的内部持股</h2>
<p>公司内部人的定义可能是主观的，并且在不同的司法管辖区之间有所不同。我们的数据反映了个人内部人，至少包括董事会成员。公司管理层对董事会负责，而后者应代表股东的利益。值得注意的是，有时高层管理人员本身也在董事会中。</p>
<p>大多数人认为内部持股是积极的，因为这可以表明董事会与其他股东的利益高度一致。然而，在某些情况下，权力过于集中在这一群体中。</p>
<p>股东可能会对内部人持有 Scilex Holding Company 的股份感兴趣。作为个人，内部人共同持有价值 550 万美元的股份，而该公司的总市值为 1.01 亿美元。这至少显示出一定的利益一致性，但我们通常希望看到更大的内部持股。您可以点击这里查看这些内部人是否在买入或卖出。</p>
<h2>公众持股</h2>
<p>公众，主要由个人投资者组成，共同持有 57% 的 Scilex Holding 股份。拥有如此多的股份，零售投资者可以共同在影响股东回报的决策中发挥作用，例如股息政策和董事任命。他们还可以行使对可能不会提高盈利能力的收购或合并的投票权。</p>
<h2>私人公司持股</h2>
<p>似乎私人公司持有 Scilex Holding 24% 的股份。私人公司可能是相关方。有时，内部人通过持有私人公司的股份而对一家上市公司产生兴趣，而不是以个人身份。虽然很难得出任何广泛的结论，但值得注意的是，这是一个进一步研究的领域。</p>
<h2>下一步：</h2>
<p>我发现研究谁真正拥有一家公司非常有趣。但要真正获得洞察，我们还需要考虑其他信息。为此，您应该了解我们发现的 Scilex Holding 的 <strong>3 个警告信号</strong>（包括 2 个不能忽视的信号）。</p>
<p>如果您和我一样，您可能想考虑这家公司是会增长还是缩小。幸运的是，您可以查看这份免费的报告，了解分析师对其未来的预测。</p>
<p>注意：本文中的数据是根据过去 12 个月的数据计算的，指的是财务报表日期所在月份的最后一天结束的 12 个月期间。这可能与全年年报数据不一致。</p>
<p>用于国防和灾难的移动基础设施</p>
<p>下一波机器人技术不是类人机器人。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，覆盖任何地方。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>代表 CiTech 赞助</p>

SCLX

<p>持有 Scilex Holding Company（NASDAQ:SCLX）57% 股份的散户投资者上周面临了最高的损失，因为市值下降了 1200 万美元。前 25 大股东拥有公司 43% 的股份，机构持有 13%。内部人士的持股价值为 550 万美元。所有权结构表明，散户投资者对管理层和商业战略具有重要影响</p>

<h3>Key Insights</h3>
<div class="lb-trans"><h3>关键见解</h3>
</div><ul>
<li>The considerable ownership by retail investors in Scilex Holding indicates that they collectively have a greater say in management and business strategy</li>
<li>43% of the business is held by the top 25 shareholders</li>
<li>13% of Scilex Holding is held by Institutions</li>
</ul>
<div class="lb-trans"><ul>
<li>零售投资者在 Scilex Holding 中的显著持股表明，他们在管理和商业战略上集体拥有更大的发言权</li>
<li>前 25 大股东持有 43% 的股份</li>
<li>Scilex Holding 的 13% 股份由机构持有</li>
</ul>
</div><p>AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.</p>
<div class="lb-trans"><p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是 - 它们的市值都在 100 亿美元以下 - 仍然有机会提前入场。</p>
</div><p>To get a sense of who is truly in control of Scilex Holding Company (NASDAQ:SCLX), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are retail investors with 57% ownership. Put another way, the group faces the maximum upside potential (or downside risk).</p>
<div class="lb-trans"><p>要了解谁真正控制了 Scilex Holding Company (NASDAQ:SCLX)，了解公司的所有权结构非常重要。而持有最大份额的群体是零售投资者，拥有 57% 的股份。换句话说，这个群体面临着最大的上行潜力（或下行风险）。</p>
</div><p>As a result, retail investors as a group endured the highest losses last week after market cap fell by US$12m.</p>
<div class="lb-trans"><p>因此，零售投资者作为一个群体在上周经历了最高的损失，因为市值下降了 1200 万美元。</p>
</div><p>Let's delve deeper into each type of owner of Scilex Holding, beginning with the chart below.</p>
<div class="lb-trans"><p>让我们深入探讨 Scilex Holding 的每种所有者类型，从下面的图表开始。</p>
</div><p>View our latest analysis for Scilex Holding</p>
<div class="lb-trans"><p>查看我们对 Scilex Holding 的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/607715156-ownership-breakdown-1-dark-2/1765984462925" alt="" original-src="https://images.simplywall.st/asset/chart/607715156-ownership-breakdown-1-dark-2/1765984462925"/></p>
<p>NasdaqCM:SCLX Ownership Breakdown December 17th 2025</p>
<div class="lb-trans"><p>NasdaqCM:SCLX 所有权分布 2025 年 12 月 17 日</p>
</div><h2>What Does The Institutional Ownership Tell Us About Scilex Holding?</h2>
<div class="lb-trans"><h2>机构持股对 Scilex Holding 的启示是什么？</h2>
</div><p>Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.</p>
<div class="lb-trans"><p>许多机构将其业绩与接近当地市场的指数进行比较。因此，他们通常更关注纳入主要指数的公司。</p>
</div><p>We can see that Scilex Holding does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Scilex Holding, (below). Of course, keep in mind that there are other factors to consider, too.</p>
<div class="lb-trans"><p>我们可以看到 Scilex Holding 确实有机构投资者，他们持有公司相当一部分的股票。这意味着为这些机构工作的分析师已经关注了该股票，并且他们对其持积极态度。但就像其他任何人一样，他们也可能会出错。如果两家大型机构投资者同时试图抛售股票，股价大幅下跌并不罕见。因此，查看 Scilex Holding 过去的盈利轨迹是值得的（见下文）。当然，记住还有其他因素需要考虑。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/607715156-earnings-and-revenue-growth-1-dark-2/1765984464227" alt="" original-src="https://images.simplywall.st/asset/chart/607715156-earnings-and-revenue-growth-1-dark-2/1765984464227"/></p>
<p>NasdaqCM:SCLX Earnings and Revenue Growth December 17th 2025</p>
<div class="lb-trans"><p>NasdaqCM:SCLX 盈利和收入增长 2025 年 12 月 17 日</p>
</div><p>Hedge funds don't have many shares in Scilex Holding. Our data shows that Sclx Stock Acquisition Jv Llc is the largest shareholder with 24% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 4.9% and 4.6%, of the shares outstanding, respectively.</p>
<div class="lb-trans"><p>对冲基金在 Scilex Holding 中的股份不多。我们的数据显示，Sclx Stock Acquisition Jv Llc 是最大股东，持有 24% 的流通股份。同时，第二和第三大股东分别持有 4.9% 和 4.6% 的流通股份。</p>
</div><p>On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.</p>
<div class="lb-trans"><p>通过研究我们的所有权数据，我们发现前 25 大股东共同持有的股份不到 50%，这意味着没有任何个人拥有多数权益。</p>
</div><p>While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There is some analyst coverage of the stock, but it could still become more well known, with time.</p>
<div class="lb-trans"><p>虽然研究公司的机构持股可以为您的研究增值，但研究分析师的推荐也是一个好习惯，以更深入地了解股票的预期表现。该股票有一些分析师覆盖，但随着时间的推移，它仍然可以变得更加知名。</p>
</div><h2>Insider Ownership Of Scilex Holding</h2>
<div class="lb-trans"><h2>Scilex Holding 的内部持股</h2>
</div><p>The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.</p>
<div class="lb-trans"><p>公司内部人的定义可能是主观的，并且在不同的司法管辖区之间有所不同。我们的数据反映了个人内部人，至少包括董事会成员。公司管理层对董事会负责，而后者应代表股东的利益。值得注意的是，有时高层管理人员本身也在董事会中。</p>
</div><p>Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.</p>
<div class="lb-trans"><p>大多数人认为内部持股是积极的，因为这可以表明董事会与其他股东的利益高度一致。然而，在某些情况下，权力过于集中在这一群体中。</p>
</div><p>Shareholders would probably be interested to learn that insiders own shares in Scilex Holding Company. As individuals, the insiders collectively own US$5.5m worth of the US$101m company. This shows at least some alignment, but we usually like to see larger insider holdings. You can click here to see if those insiders have been buying or selling.</p>
<div class="lb-trans"><p>股东可能会对内部人持有 Scilex Holding Company 的股份感兴趣。作为个人，内部人共同持有价值 550 万美元的股份，而该公司的总市值为 1.01 亿美元。这至少显示出一定的利益一致性，但我们通常希望看到更大的内部持股。您可以点击这里查看这些内部人是否在买入或卖出。</p>
</div><h2>General Public Ownership</h2>
<div class="lb-trans"><h2>公众持股</h2>
</div><p>The general public, mostly comprising of individual investors, collectively holds 57% of Scilex Holding shares. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.</p>
<div class="lb-trans"><p>公众，主要由个人投资者组成，共同持有 57% 的 Scilex Holding 股份。拥有如此多的股份，零售投资者可以共同在影响股东回报的决策中发挥作用，例如股息政策和董事任命。他们还可以行使对可能不会提高盈利能力的收购或合并的投票权。</p>
</div><h2>Private Company Ownership</h2>
<div class="lb-trans"><h2>私人公司持股</h2>
</div><p>It seems that Private Companies own 24%, of the Scilex Holding stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.</p>
<div class="lb-trans"><p>似乎私人公司持有 Scilex Holding 24% 的股份。私人公司可能是相关方。有时，内部人通过持有私人公司的股份而对一家上市公司产生兴趣，而不是以个人身份。虽然很难得出任何广泛的结论，但值得注意的是，这是一个进一步研究的领域。</p>
</div><h2>Next Steps:</h2>
<div class="lb-trans"><h2>下一步：</h2>
</div><p>I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. To that end, you should learn about the <strong>3 warning signs</strong> we've spotted with Scilex Holding (including 2 which can't be ignored) .</p>
<div class="lb-trans"><p>我发现研究谁真正拥有一家公司非常有趣。但要真正获得洞察，我们还需要考虑其他信息。为此，您应该了解我们发现的 Scilex Holding 的 <strong>3 个警告信号</strong>（包括 2 个不能忽视的信号）。</p>
</div><p>If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.</p>
<div class="lb-trans"><p>如果您和我一样，您可能想考虑这家公司是会增长还是缩小。幸运的是，您可以查看这份免费的报告，了解分析师对其未来的预测。</p>
</div><p>NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.</p>
<div class="lb-trans"><p>注意：本文中的数据是根据过去 12 个月的数据计算的，指的是财务报表日期所在月份的最后一天结束的 12 个月期间。这可能与全年年报数据不一致。</p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>用于国防和灾难的移动基础设施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波机器人技术不是类人机器人。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，覆盖任何地方。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>代表 CiTech 赞助</p>
</div>

散户投资者在 Scilex Holding Company（纳斯达克代码：SCLX）的投资，承受了上周市值减少 1200 万美元的主要冲击