Company: SCLXW
Filing Date: 2025-12-17
Form Type: 424B3
Source: 0001193125-25-321966
Chunk: 15

Company: Scilex Holding Co
Filing Date: 2025-12-17
Form: 424B3
Chunk 15
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 the Lender of the Extension Request, with the market value thereof being determined by the Lender by multiplying (i) the total number of such Pledged Securities by (ii) (x) the closing price of the Listco Securities on the Exchange on the Trading Day immediately preceding the date of receipt by the Lender of the Extension Request, or (y) in the event that the Listco Securities are suspended from trading, the Listco Securities have not for any reason traded for more than fifteen (15) consecutive Trading Days on the Exchange or the Lender reasonably determines that the Borrower is not in compliance with Section 4.3(g), the price determined by the Lender, acting reasonably.

The Borrower shall repay all Obligations to the Lender in full on the Maturity Date (or, if applicable, the extended maturity date as contemplated in Section 3.l(b)).

#### 3.2.
Prepayment, Repayment and Re-Delivery

Following the date set out in Section 2.l(e) and for a period of five (5) Banking Days thereafter, provided that there has not occurred an Event of Default and subject to compliance with each of the provisions of this Agreement, the Borrower may elect to pre-pay all, but not less than all, of the Obligations by giving written notice to the Lender (the " Prepayment Notice ") not more than sixty (60) days nor less than thirty (30) days prior to the desired date of pre-payment. For the avoidance of doubt, any pre-payment must be in respect of the entire Loan (and not certain Tranches only).

<div align='center'>-9-</div>

Within five (5) Banking Days of full repayment of all of the Obligations to the Lender ("Repayment"), the Lender shall return all the Pledged Securities, or an equivalent number of Listco Securities, to the Borrower (the " Re-delivery "). The date on which the Re-delivery occurs shall be referred to as the " Re-delivery Date ".

<div align='center'>ARTICLE IV

REPRESENTATIONS, WARRANTIES, COVENANTS AND

ACKNOWLEDGMENTS</div>

#### 4.1
Representations and Warranties of the Borrower

The Borrower hereby represents and warrants to the Lender that:

it is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of formation and has all necessary corporate power and authority required to enter into this