Company: SCLXW
Filing Date: 2025-01-17
Form Type: 424B3
Source: 0000950170-25-006777
Chunk: 65

Company: Scilex Holding Co
Filing Date: 2025-01-17
Form: 424B3
Chunk 65
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347 | ) | $    | (145,576 | ) |
| Weighted average number of shares outstanding                                  |     |                                  | 117,717 |   |     |      | 139,808 |   |     |                                 | 109,649 |   |      |  141,358 |   |
| Weighted average common stock warrants exercisable for nominal consideration   |     |                                  |   9,247 |   |     |      |       — |   |     |                                 |   8,917 |   |      |        — |   |
| Weighted average number of shares, basic and diluted                           |     |                                  | 126,964 |   |     |      | 139,808 |   |     |                                 | 118,566 |   |      |  141,358 |   |
| Loss per share                                                                 |     |                                  |         |   |     |      |         |   |     |                                 |         |   |      |          |   |
| Basic and Diluted                                                              |     | $                                |   (0.03 | ) |     | $    |   (0.63 | ) |     | $                               |   (0.56 | ) | $    |    (1.03 | ) |

Basic net loss per share is computed by dividing net loss by the weighted average number of shares of Common Stock outstanding during the period. Diluted earnings per share is computed using the weighted average number of Common Stock and, if dilutive, potential Common Stock outstanding during the period. Potential Common Stock consists of the incremental Common Stock issuable upon the exercise of stock options and warrants (using the treasury stock method or the reverse treasury stock method, as applicable).

In the computation of net loss per share, treasury shares are not included as part of the outstanding shares.

In accordance with FASB ASC 260,Earnings Per Share,Penny Warrants are warrants that would be exercised for no or little consideration and therefore should be included in the calculation of weighted average shares outstanding for purposes of calculating basic and diluted net income (loss) per share. The Closing Penny Warrants become exercisable upon the passage of time and are included in basic and diluted net income (loss) per share from the closing date of September 21, 2023. The Subsequent Penny Warrants to purchase up to an aggregate of 8,500,000 shares of Common Stock are not vested as of the closing date of September 21