Company: SCLXW
Filing Date: 2025-07-23
Form Type: 424B3
Source: 0001193125-25-163077
Chunk: 123

Company: Scilex Holding Co
Filing Date: 2025-07-23
Form: 424B3
Chunk 123
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 Holder may have against the Company related thereto) and assigns
the same to the Company, in exchange for the New Tranche B Warrant, which shall be issued and delivered by the Company to the Holder (or its designee) at the address for delivery set forth on the signature page of the Holder attached hereto. From
and after the Closing Date and concurrent consummation of the Exchange, the Existing Tranche B Warrant shall: (A) be deemed cancelled; (B) have no force or effect; and (C) no longer constitute an outstanding security of the Company or
entitle the Holder to any rights with respect to any of the Company’s securities. The Company and the Holder shall execute and/or deliver such other documents and agreements as are customary and reasonably necessary to effectuate the Exchange
(and cancellation) of the Existing Tranche B Warrant and issuance of the New Tranche B Warrant.

(b) .
Subject to the conditions set forth in and below, the transactions contemplated hereby (including the Exchange) (the “Transactions”) shall take place via
the electronic exchange of documents, securities and signatures, no later than two (2) Business Days after the date hereof (or at such other time and place as the Company and the Holder mutually agree) (the “Closing” and the
“Closing Date”).

(c) . The obligation of
the Holder to consummate the Transactions is subject to the fulfillment (or waiver, at the sole option of the Holder), to the Holder’s reasonable satisfaction, prior to or on the Closing Date, of each of the following conditions:

(i) The Company shall have duly executed and delivered to the Holder each of the Exchange Documents (as defined below) to
which it is a party, and the Company shall have duly executed and delivered to the Holder the New Tranche B Warrant.

(ii)
The Company shall have delivered to such Holder a certificate, in the form acceptable to such Holder, executed by the Secretary of the Company dated as of the Closing Date, as to (i) the resolutions as adopted by the Company’s board of
directors (the “Company Board”) in a form reasonably acceptable to such Holder approving the transactions contemplated hereby, (ii) the Certificate of Incorporation (as defined below) and (iii) the bylaws of the Company,
each as in effect at the Closing.

(iii) Each and every representation and warranty of the Company shall be true and
correct as of the date when made and as of the Closing