Oramed Announces $101,875,000 Short-Term Senior Secured Note Transaction with Scilex Holding Company ...Middle East

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Oramed Announces $101,875,000 Short-Term Senior Secured Note Transaction with Scilex Holding Company
source : PR Newswire ( Middle East ) () 142
18-month loan with interest rate of SOFR plus 8.5% Oramed receives warrants to purchase up to 17 million shares of Scilex common stock The Senior Secured Note with Scilex replaces Oramed's previously announced Stock Purchase Agreement and DIP Term Loan with Sorrento Therapeutics NEW YORK,...

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