Yet another Bay Area startup has gone public in a blank-check merger.
Scilex CEO Jaisim Shah rang the opening bell at the Nasdaq market Friday as his Palo Alto startup hit Wall Street via a merger with Vickers Vantage Corp. I. Shareholders of Vickers, a Singapore-based special purpose acquisition company, approved the combination Wednesday,Scilex representatives did not immediately respond to a request for comment.
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Scilex Holding Co. is Bay Area's 14th SPAC merger of 2022 - San Francisco Business TimesShares of the developer of non-opiod pain treatments rose modestly on their Friday debut and see-sawed to a bigger gain on Tuesday.
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