Company: SCLXW
Filing Date: 2025-10-02
Form Type: 424B3
Source: 0001193125-25-227257
Chunk: 7

Company: Scilex Holding Co
Filing Date: 2025-10-02
Form: 424B3
Chunk 7
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5 (the “Amortization Payment”) and the Company desires that the Holder defer such Amortization Payment until January 1, 2026 (the “Deferral”) and the Company has agreed to pay the Holder an aggregate amount equal to the product of (x) $7.72 per share and (y) such aggregate number of Warrant Shares issued upon exercise of each Existing Warrant by the Holder in accordance herewith in exchange for the Holder granting such Deferral on the Closing Date (the “Deferral Payment”); and

WHEREAS, the Company may enter into agreements (and such agreements, each an “Other Agreement”) with certain other holders (each, an “Other Holder”) of warrants to purchase Common Stock of the Company (each, an “Other Warrant”) substantially in the form of this Agreement (other than with respect to the identity of the Holder, any provision regarding the reimbursement of legal fees and proportional changes reflecting the different holdings of such Other Holders).

NOW, THEREFORE, in consideration of the mutual covenants contained in this Agreement, and for other good and valuable consideration the receipt and adequacy of which are hereby acknowledged, the Company and the Holder agree as follows:

1.Warrant Exercise; Issuance of New Warrants. In consideration for exercising in full (through one or more exercise notices) for cash all of the Existing Warrants (the “Warrant Exercise”), the Deferral and the mutual covenants, representations and warranties herein, the Company will issue to the Holder a new Warrant to Purchase shares of Common Stock (“New

Warrant”) pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “1933 Act”), and Rule 506(b) of Regulation D (“Regulation D”) as promulgated by the United States Securities and Exchange Commission (the “SEC”) under the 1933 Act, to purchase up to such aggregate number of shares of Common Stock as set forth on the signature page of the Holder attached hereto (the “New Warrant Shares”, and together with the New Warrant, the “New Securities”) at an exercise price of $20 per share (which New Warrant will be in the form of the Existing Warrants,mutatis mutandis(collectively, the “Transactions”). Upon due execution and delivery of this Agreement by the Company and the Holder on the Effective Date, the Holder shall be deemed to have delivered an Exercise Notice with respect to the exercise in full