Company: SCLXW
Filing Date: 2025-05-07
Form Type: POS AM
Source: 0001193125-25-115095
Chunk: 434

Company: Scilex Holding Co
Filing Date: 2025-05-07
Form: POS AM
Chunk 434
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 subject to U.S. federal income tax, net of certain deductions, at the same graduated individual or corporate rates applicable to U.S. Holders. If the Non-U.S. Holderis a corporation, dividends that are effectively connected income may also be subject to a “branch profits tax” at a rate of 30% (or such lower rate as may be specified by an applicable income tax treaty). Exercise of a SPAC Warrant The U.S. federal income tax treatment of a Non-U.S. Holder’sexercise of a SPAC Warrant will generally correspond to the U.S. federal income tax treatment of the exercise of a SPAC Warrant by a U.S. Holder, as described under “ U.S. Holders — Exercise of a SPAC Warrant” above, although to the extent a cashless exercise results in a taxable exchange, the tax consequences to the Non-U.S. Holderwould be the same as those described below in “ Non-U.S. Holders — Gain on Sale, Exchange or Other Taxable Disposition of Common Stock and SPAC Warrants.” Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of Common Stock and SPAC Warrants A Non-U.S. Holdergenerally will recognize gain or loss on the sale, taxable exchange or other taxable disposition of our Common Stock, including on a redemption that is treated as a sale or exchange under Section 302 of the Code (determined under the same rules as described above under “ U.S. Holders — Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of Common Stock.” A Non-U.S. Holdergenerally will not be subject to U.S. federal income or withholding tax in respect of gain recognized on a sale, taxable exchange or other taxable disposition of our Common Stock or SPAC Warrants or an expiration or redemption of our SPAC Warrants, unless:

| • |     | the gain is effectively connected with the conduct of a trade or business by the Non-U.S. Holder within the United States (and, if an applicable tax treaty so requires, is attributable to a U.S. permanent establishment or fixed base maintained by the Non-U.S. Holder); |

| • |     | the Non-U.S. Holder is an individual who is present in the United States for 183 days or more in the taxable year of disposition and certain other conditions are met; or |

**Gain described in the first bullet point above will be subject to tax at generally applicable U.S. federal