Company: SCLXW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0000950170-25-047800
Chunk: 360

Company: Scilex Holding Co
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 360
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 Oramed Note or the occurrence of the Management Sale Trigger Date (as defined therein). The Subsequent Penny Warrants became vested during the year ended December 31, 2024, and therefore are included in the computation for basic and diluted net income per share as of December 31, 2024, since all other exercise contingencies were removed except for the passage of time. The following potentially dilutive outstanding securities were excluded from the computation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented: 

        December 31,

        December 31,

        2024

        2023

        Stock options

        35,985,182

        33,123,798

        Public Warrants

        5,467,692

        6,854,309

        February 2024 BDO Firm Warrants

        3,803,447

        —

        April 2024 RDO Placement Agent Warrants

        1,200,000

        —

        Retainer Shares

        14,000,000

        4,000,000

        Private Warrants

        1,000,000

        3,613,383

        February 2024 BDO Representative Warrants

        470,588

        —

        Shares Issuable pursuant to the ESPP

        77,167

        29,806

        Shares issuable under the SIPA

        300,000

        —

        Convertible Debentures

        —

        546,921

        October 2024 Placement Agent Warrants

        3,669,724

        —

        December 2024 RDO Common Warrants

        57,512,958

        —

        StockBlock Warrants

        4,601,036

        —

        Shares issuable under Tranche B Notes

        40,551,607

        —

        Total

        168,639,401

        48,168,217

14. Subsequent Events Deferral and Consent under Tranche B Senior Secured Convertible Note Pursuant to the Tranche B Notes, commencing on January 2, 2025 (the “First Amortization Payment Date”), the Company is required to redeem in cash (the “First Amortization Payment”) such portion of the principal amount of the Tranche B Notes equal to each