Company: SCLXW
Filing Date: 2025-05-07
Form Type: POS AM
Source: 0001193125-25-115095
Chunk: 550

Company: Scilex Holding Co
Filing Date: 2025-05-07
Form: POS AM
Chunk 550
---
,500,000, on April 11, 2023, and (iii) $7,500,000, on April 20, 2023, each of which is convertible into shares of the Registrant’s Common Stock. In April 2023, Yorkville elected to convert $5.0 million of the outstanding principal and accrued interest of the convertible debentures, resulting in the issuance of 632,431 shares of the Registrant’s Common Stock at a conversion price of $8.00 per share. |

| • |     | On September 15, 2023, the Registrant entered into a settlement agreement with Cove Lane Onshore Fund, LLC (“Cove Lane”), HBC Investments LLC (“HBC”) and Hudson Bay Capital Management LP, pursuant to which the Registrant issued, on September 25, 2023, an aggregate of 474,683 shares of Common Stock, consisting of 161,392 shares of Common Stock to Cove Lane and 313,291 shares of Common Stock to HBC. |

| • |     | On September 21, 2023, the Registrant entered into the Securities Purchase Agreement, dated as of such date, with Oramed Pharmaceuticals Inc. (“Oramed”), pursuant to which, among other things, the Registrant issued to Oramed (i) a senior secured promissory note due 18 months from the date of issuance in the principal amount of $101,875,000 (ii) a warrant to purchase up to an aggregate of 4,500,000 shares of Common Stock, with an exercise price of $0.01 per share and restrictions on exercisability, and (iii) warrants to purchase up to an aggregate of 8,500,000 shares of Common Stock, each with an exercise price of $0.01 per share and each with restrictions on exercisability. |

| • |     | On June 18, 2024, the Registrant issued a warrant to purchase up to an aggregate of 3,250,000 shares of Common Stock (the “Deposit Warrant”) pursuant to the Commitment Letter that the Registrant entered into with FSF 33433 LLC, a Delaware limited liability company, on June 11, 2024. The exercise price of the Deposit Warrant is $1.20 per share. The Registrant will receive up to $3.9 million from the exercise of the Deposit Warrant, assuming the exercise in full of the Deposit