Company: SCLXW
Filing Date: 2025-08-04
Form Type: S-1
Source: 0001193125-25-172703
Chunk: 2

Company: Scilex Holding Co
Filing Date: 2025-08-04
Form: S-1
Chunk 2
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im”), or its permitted transferees or other successors-in-interest. The Resale Shares included in this prospectus consist of (i) shares of Common Stock that we have issued or that we may, in our discretion, elect to issue and sell to the Selling Stockholder, from time to time after the date of this prospectus, pursuant to a common stock purchase agreement we entered into with the Selling Stockholder on July 22, 2025 (the “Tumim Purchase Agreement”), in which the Selling Stockholder has committed to purchase from us, at our discretion, up to the lesser of: (A) $100,000,000 of Common Stock and (B) 1,390,443 shares of Common Stock (which includes the Commitment Shares (as defined below) and represents the “Exchange Cap” (as defined in the Tumim Purchase Agreement), subject to terms and conditions specified in the Tumim Purchase Agreement (the “Tumim Equity Financing”). As consideration for the Selling Stockholder’s irrevocable commitment to purchase shares of our Common Stock at our election and in our discretion from time to time after the date of this prospectus, upon the terms and subject to the satisfaction of the conditions set forth in the Tumim Purchase Agreement, we have agreed to issue the Selling Stockholder 150,000 shares of Common Stock pursuant to the terms of the Tumim Purchase Agreement (the “Commitment Shares”).

The Selling Stockholder, or its permitted transferees or other successors-in-interest, may offer and sell the Resale Shares in a number of different ways and at varying prices, including through public or private transactions at prevailing market prices, at prices related to prevailing market prices, or at privately negotiated prices. We provide additional information about how the Selling Stockholder may sell the Resale Shares in the “Plan of Distribution” section on page 266 of this prospectus.

We are not offering any shares of Common Stock for sale under this prospectus and will not receive proceeds from the sale of the Resale Shares by the Selling Stockholder, if any. We are registering the offer and resale of the Resale Shares to satisfy contractual obligations owed by us to the Selling Stockholder pursuant to the Tumim Purchase Agreement and documents ancillary thereto, including the Registration Rights Agreement we entered into with the Selling Stockholder on July 22, 2025, in connection with the Tumim Equity Financing (the “Tumim Registration Rights Agreement”). Our registration of the