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

Company: Scilex Holding Co
Filing Date: 2025-12-17
Form: 424B3
Chunk 17
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 by the Borrower are subject to any Encumbrances;

as at the Closing Date, it has no knowledge of any material non-public information, inside information or similar terms as defined by Applicable Law with respect to the Issuer, which has not been generally disclosed; and

all statements made by or on behalf of the Borrower in connection with the application for the Loan pursuant to this Agreement and the Custodian Management Agreement are true and complete and do not omit any facts or information material to the evaluation of the Loan request.

#### 4.2.
Positive Covenants of the Borrower

The Borrower hereby covenants and agrees to:

preserve and maintain its existence;

pay all Obligations due to the Lender when due and perform, fulfil and satisfy all other obligations of the Borrower under this Agreement;

pay and discharge, before the same shall become delinquent, all taxes, assessments and governmental charges or levies or claims imposed upon it or upon its assets including all lawful claims which, if unpaid, might by law become an Encumbrance upon its assets;

ensure that, at the time of Delivery of the Pledged Securities, it will be the sole beneficial owner of such Pledged Securities, free and clear of any Encumbrances thereon;

defend the Listco Securities against each demand, claim, counterclaim, set-off and defence asserted by any Person other than the Lender, and promptly notity the Lender of any threat or commencement of any action or other legal proceeding, or entry of any judgment or order of any court, agency or Governmental Authority, or any assertion by any Person other than the Lender of any demand, claim, counterclaim, set-off or defence, relating to such Listco Securities;

pay and account for any stamp, transfer, registration, documentation or similar tax chargeable on a transferor or a transferee, as the case may be, in connection with the pledge of the Listco Securities as contemplated by this Agreement; and

to the extent the Listco Securities constitute Pledged Securities, at all times comply with all Applicable Law, including applicable securities laws and rules and policies of any stock exchange (including the Exchange) in relation to such Listco Securities, and applicable laws, rules and policies in relation to disclosure of interests and/or insider reporting. The Borrower acknowledges that it is solely responsible (and the Lender is not in any way responsible) for such compliance.

#### 4.3.
Negative Covenants of the Borrow