Company: SCLXW
Filing Date: 2025-12-16
Form Type: S-1
Source: 0001193125-25-319720
Chunk: 444

Company: Scilex Holding Co
Filing Date: 2025-12-16
Form: S-1
Chunk 444
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 or disposition of our securities; thus, there can be no assurance that the IRS will not challenge the U.S. federal income tax treatment described below or that, if challenged, such treatment will be sustained by a court. This summary is limited to considerations relevant to holders that hold our securities as “capital assets” within the meaning of Section 1221 of the Code (generally, property held for investment). This discussion does not address all aspects of U.S. federal income taxation that may be important to holders in light of their individual circumstances, including holders subject to special treatment under the U.S. tax laws, such as, for example:

| • |     | banks or other financial institutions, underwriters, or insurance companies; |

| • |     | dealers or traders in securities who elect to apply a mark-to-market method of accounting; |

| • |     | real estate investment trusts or regulated investment companies; |

| • |     | tax-exempt organizations, qualified retirement plans, individual retirement accounts, or other tax-deferred accounts; |

| • |     | expatriates or former long-term residents of the United States; |

| • |     | subchapter S corporations, partnerships or other pass-through entities or investors or beneficial owners in such entities; |

| • |     | dealers or traders in securities, commodities or currencies; |

| • |     | grantor trusts; |

| • |     | persons subject to the alternative minimum tax; |

| • |     | U.S. persons whose “functional currency” is not the U.S. dollar; |

| • |     | corporations that accumulate earnings to avoid U.S. federal income tax; |

| • |     | accrual method taxpayers that file applicable financial statements as described in Section 451(b) of the Code; |

| • |     | persons who received our securities through the issuance of restricted stock under an equity incentive plan or through a tax-qualified retirement plan or otherwise as compensation; |

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| • |     | persons who own (directly or through attribution) 5% or more (by vote or value) of the outstanding securities; |

| • |     | persons holding our securities as a position in a “straddle,” as part of a “synthetic security” or “hedge,” as part of a “conversion transaction,” “constructive sale” or other integrated investment or risk reduction transaction; |

| • |     | “qualified foreign pension funds” (within the meaning of Section 897(l)(