Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market Information
Our Common Stock and Public Warrants are currently listed on Nasdaq under the symbols “SCLX” and “SCLXW,” respectively.
Holders
As of April 2 2026, there were 120 holders of record of our Common Stock and two holders of record of our Public Warrants, which amount does not include participants of The Depository Trust Company or beneficial owners holding shares through nominee names.
Dividends
Except with respect to the stock dividend of Series 1 Mandatory Exchangeable Preferred Stock, par value $0.0001 per share, announced in October 2024, which dividend lapsed, unpaid, by the terms of the Certificate of Designations for such series of preferred stock, we have never declared or paid any dividends on shares of our Common Stock. We anticipate that we will retain all of our future earnings, if any, to fund the development and growth of our business. Any future determination to pay dividends on our capital stock will be at the discretion of our Board. It is the present intention of our Board to retain all earnings, if any, for use in our business operations and, accordingly, our Board does not anticipate declaring any dividends in the foreseeable future.
Should we decide in the future to declare a cash dividend or any other dividend, as a holding company, our ability to pay dividends on our capital stock and meet other obligations depends upon the receipt of dividends or other payments from our operating subsidiaries. Further, our ability to pay dividends may be limited by covenants of any existing outstanding indebtedness and future outstanding indebtedness we or our subsidiaries incur.
Securities Authorized for Issuance Under Equity Compensation Plans
See Item 12 of Part III for information regarding securities authorized for issuance under our equity compensation plans.
Unregistered Sales of Equity Securities
Except as previously reported in our Current Reports on Form 8-K, we did not undertake any unregistered sales of our equity securities during the year ended December 31, 2025.
We did not repurchase any shares or other units of any class of our equity securities registered under Section 12 of the Exchange Act during the year ended December 31, 2025.
Item 6. [Reserved]
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