Company: SCLXW
Filing Date: 2025-08-14
Form Type: 424B3
Source: 0000950170-25-108226
Chunk: 90

Company: Scilex Holding Co
Filing Date: 2025-08-14
Form: 424B3
Chunk 90
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 was attributed to the Convertible Debentures, the Oramed Note and the FSF Deposit. The Convertible Debentures were issued in March and April 2023 in an aggregate principal amount of $25.0 million, which were fully repaid during the first quarter of 2024. The Oramed Note was issued in September 2023 in the principal amount of $101.9 million, of which the principal amount of $26.5 million remained outstanding

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as of June 30, 2025. The FSF Deposit was received in June 2024 in the principal amount of $10.0 million, and was satisfied in November 2024 by the delivery of the Additional Product to Endeavor. The Tranche B Notes were issued in October 2024 in the principal amount of $50.0 million, of which the principal amount of $37.0 million remained outstanding as of June 30, 2025. Interest Expense, Net Interest expense, net for the six months ended June 30, 2025 and 2024 was $5.2 million and $1.1 million, respectively. Interest expense of $5.2 million for the six months ended June 30, 2025 primarily consists of the interest on the balances due for government and commercial rebate programs. Interest expense of $1.1 million for the six months ended June 30, 2024 consists of the interest related to the Revolving Facility. Liquidity and Capital Resources As of June 30, 2025, we had cash and cash equivalents of approximately $4.1 million. We have indebtedness pursuant to the Oramed Note and Tranche B Notes as well as deferred consideration related to the GLOPERBA license acquired from Romeg in 2022. The following table summarizes the aggregate indebtedness of these issuances as of June 30, 2025 and December 31, 2024 (in thousands):

| Oramed Note (outstanding principal balance: $26.5 million and $25.0 million as of June 30, 2025 and December 31, 2024, respectively)     |     | June 30, 2025 | 18,451 |     | December 31, 2024 | 12,161 |
|:-----------------------------------------------------------------------------------------------------------------------------------------|:----|:--------------|-------:|:----|:------------------|-------:|
| Tr