Company: SCLXW
Filing Date: 2025-08-04
Form Type: S-1
Source: 0001193125-25-172703
Chunk: 524

Company: Scilex Holding Co
Filing Date: 2025-08-04
Form: S-1
Chunk 524
---
 Warrants have an exercise price of $ 43.75per share (which represents 125% of the combined offering price per share of Common Stock and the April 2024 RDO Common Warrant sold in the April 2024 RDO), will become exercisable on the six-monthanniversary of the date of issuance and expire five years from the commencement of sales in the April 2024 RDO. The Company accounted for the April 2024 RDO Common Warrants as a liability classified instrument (see Note 4) and the April 2024 RDO Placement Agent Warrants as an equity classified instrument. The April 2024 RDO Placement Agent Warrants are recognized in additional paid-incapital in the Company’s consolidated balance sheets. The issuance costs allocated to the equity component are recorded as the reduction of the offering proceeds and the amounts allocated to the liability component are expensed as incurred within the selling, general and administrative expenses in the Company’s consolidated statement of operations. The fair value of April 2024 RDO Placement Agent Warrants as of the date of issuance was $ 0.6million. As of December 31, 2024, there were 15,000,000April 2024 RDO Common Warrants , which are currently exercisable for an aggregate of up to 428,572shares of Common Stock outstanding,and 1,200,000April 2024 RDO Placement Agent Warrants , which are currently exercisable for an aggregate of up to 34,286shares of Common Stockoutstanding. December 2024 Registered Direct Offering On December 11, 2024, the Company entered into a securities purchase agreement (the “December 2024 RDO Purchase Agreement”) with the investors named therein, pursuant to which the Company agreed to sell and issue, in a registered direct offering (the “December 2024 RDO”): (i) an aggregate of 753,009shares of Common Stock, (ii) pre-fundedwarrants to purchase up to 68,604shares of Common Stock (the “December 2024 RDO Pre-FundedWarrants”) and (iii) common warrants to purchase up to 1,642,871shares of Common Stock (the “December 2024 RDO Common Warrants” and together with the December 2024 RDO Pre-FundedWarrants and the warrants issued to StockBlock pursuant to certain contractual obligations between the Company and StockBlock (the “StockBlock Warrants”), the “December