SEC Short Sale Rule 201
Adopted on Feb. 24, 2010, under the rule, the execution of short sale orders at or below the current National Best Bid is prohibited. Short selling is only permitted if the price of the security is above the current national best bid. The rule is triggered with a 10 percent decline in one day.
Once triggered, the Short Sale Price Test shall remain in effect until the close of trading on the next trading day.
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Sorrento Therapeutics, Inc.'s Bankruptcy Court Orders Brokerage Firms to Credit Dividended Scilex Stock to Customers' Accounts and Sorrento Advises Holders of Dividended Scilex Stock to Contact Broker
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Scilex Holding Company Reports Substantial Underreporting of More Than 44 Million Shares of its Common Stock by Brokerage Firms for the Upcoming Annual Meeting of Stockholders Scheduled for April 6, 2

