Company: SCLXW
Filing Date: 2025-08-04
Form Type: S-1
Source: 0001193125-25-172703
Chunk: 39

Company: Scilex Holding Co
Filing Date: 2025-08-04
Form: S-1
Chunk 39
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 accordance with Regulation FD and the applicable rules and regulations of the Trading Market) upon becoming aware of any of the events set forth above giving rise to a termination right by Tumim. No termination of the Tumim Purchase Agreement by us or by Tumim will become effective prior to the first trading day immediately following the applicable settlement date related to any pending VWAP Purchase Notice that has not been fully settled in accordance with the terms and conditions of the Tumim Purchase Agreement, and will not affect any of our respective rights and obligations under the Tumim Purchase Agreement with respect to any pending VWAP Purchase, and both we and Tumim have agreed to complete our respective obligations with respect to any such pending VWAP Purchase under the Tumim Purchase Agreement. Furthermore, no termination of the Tumim Purchase Agreement will affect the Tumim Registration Rights Agreement, which will survive any termination of the Tumim Purchase Agreement. Effect of Performance of the Tumim Purchase Agreement on our Stockholders All shares of Common Stock that may be issued or sold by us to Tumim under the Tumim Purchase Agreement that are being registered under the Securities Act for resale by Tumim in this offering are expected to be freely tradable. The shares being registered for resale in this offering may be issued and sold by us to Tumim from time to time at our discretion over a period of up to 24-months commencing on the Commencement Date. The resale by Tumim of a significant amount of Resale Shares registered hereby at any given time, or the perception that these sales may occur, could cause the market price of our Common Stock to decline and to be highly volatile. Sales of our Common Stock, if any, to Tumim under the Tumim Purchase Agreement will depend upon market conditions and other factors to be determined by us. We may ultimately decide to sell to 24

Tumim all, some or none of the shares that may be available for us to sell to Tumim pursuant to the Tumim Purchase Agreement. Pursuant to the terms of the Tumim Purchase Agreement, we have the right, but not the obligation, to direct Tumim to purchase up to $100.0 million of our Common Stock, subject to certain limitations. The number of shares ultimately offered for resale under this prospectus is dependent upon the number of shares we direct Tumim to purchase under the Tumim Purchase Agreement. The following table sets forth the amount of gross proceeds