Company: SCLXW
Filing Date: 2025-08-04
Form Type: S-1
Source: 0001193125-25-172703
Chunk: 596

Company: Scilex Holding Co
Filing Date: 2025-08-04
Form: S-1
Chunk 596
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 been reserved for future issuance under the Equity Incentive Plan, which number of shares accounts for the automatic annual increase on January 1, 2025 pursuant to the Equity Incentive Plan. Scilex Holding Company 2023 Inducement Plan On January 17, 2023, the compensation committee of the Board adopted the Scilex Holding Company 2023 Inducement Plan (the “Inducement Plan”). The Inducement Plan provides for the grant of equity-based awards in the form of non-statutorystock options, stock appreciation rights, restricted stock, restricted stock units, and other awards solely to prospective employees of the Company or an affiliate of the Company provided that certain criteria are met. The initial maximum number of shares available for grant under the Inducement Plan is 40,000shares of Common Stock (subject to adjustment for recapitalizations, stock splits, reorganizations and similar transactions). No awards were granted under the Inducement Plan during the three months ended March 31, 2025 and 2024. As of March 31, 2025, options to purchase 1,022,353shares of Common Stock were outstanding under all equity incentive plans. F-89

The following table summarizes stock option activity during the three months ended March 31, 2025 (in thousands, except for per share amounts and contractual life):

|                                                  |     | Options |       |   |     | Weighted-AverageExercisePrice |        |     | Weighted-AverageRemainingContractualLife,in years |     |     | AggregateIntrinsicValue |   |
|:-------------------------------------------------|:----|:--------|------:|:--|:----|:------------------------------|-------:|:----|:--------------------------------------------------|----:|:----|:------------------------|:--|
| Outstanding as of December 31, 2024              |     |         | 1,028 |   |     | $                             | 138.23 |     |                                                   | 6.4 |     | $                       | — |
| Forfeited/Cancelled                              |     |         |    (6 | ) |     | $                             | 149.37 |     |                                                   |     |     |                         |   |
| Outstanding as of March 31, 2025                 |     |         | 1,022 |   |     | $                             | 138.17 |     |                                                   | 6.1 |     | $