Company: SCLXW
Filing Date: 2025-08-04
Form Type: S-1
Source: 0001193125-25-172703
Chunk: 149

Company: Scilex Holding Co
Filing Date: 2025-08-04
Form: S-1
Chunk 149
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 Tumim Purchase Agreement with the Selling Stockholder, pursuant to which the Selling Stockholder has committed to purchase up to $100,000,000 of Common Stock, subject to certain limitations and conditions set forth in the Tumim Purchase Agreement. The shares of our Common Stock**

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that may be issued under the Tumim Purchase Agreement may be sold by us to the Selling Stockholder at our discretion from time to time.

We generally have the right to control the timing and amount of any sales of our shares of Common Stock to the Selling Stockholder under the Tumim Purchase Agreement. Sales of our Common Stock, if any, to the Selling Stockholder under the Tumim Purchase Agreement will depend upon market conditions and other factors to be determined by us. We may ultimately decide to sell to the Selling Stockholder all, some or none of the shares of our Common Stock that may be available for us to sell to the Selling Stockholder pursuant to the Tumim Purchase Agreement.

Because the purchase price per share to be paid by the Selling Stockholder for the shares of Common Stock that we may elect to sell to the Selling Stockholder under the Tumim Purchase Agreement, if any, will fluctuate based on the market prices of our Common Stock prior to each VWAP Purchase made pursuant to the Tumim Purchase Agreement, if any, it is not possible for us to predict, as of the date of this prospectus and prior to any such sales or additional sales, the number of shares of Common Stock that we will sell to the Selling Stockholder under the Tumim Purchase Agreement, the purchase price per share that the Selling Stockholder will pay for shares purchased from us under the Tumim Purchase Agreement, or the aggregate gross proceeds that we will receive from those purchases by the Selling Stockholder under the Tumim Purchase Agreement, if any.

Moreover, although the Tumim Purchase Agreement provides that we may sell up to the lesser of (a) $100,000,000 of our Common Stock, and (b) the Exchange Cap, to the Selling Stockholder, only 1,390,443 shares of our Common Stock (including the aggregate amount of 150,000 Commitment Shares issued to the Selling Stockholder pursuant to the Tumim Purchase Agreement) are being registered for resale under the registration statement of which this prospectus forms a part. If we elect to sell to the Selling Stockholder all of the 1,390,443 shares of Common