Company: SCLXW
Filing Date: 2025-07-23
Form Type: 424B3
Source: 0001193125-25-163077
Chunk: 83

Company: Scilex Holding Co
Filing Date: 2025-07-23
Form: 424B3
Chunk 83
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).

“Employee Plans” shall have the meaning assigned to such term in .

“Environmental Laws” shall have the meaning assigned to such term in .

“ERISA” shall have the meaning assigned to such term in .

“ERISA Affiliate” shall have the meaning assigned to such term in .

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations of
the SEC thereunder.

“Evaluation Date” shall have the meaning assigned to such term in
.

“Exchange Act” means the Securities Exchange Act of 1934, as
amended, and the rules and regulations of the SEC thereunder.

“Exchange Cap” shall have the meaning
assigned to such term in hereof.

“Exempt Issuance” means the
issuance of, or entry in, as applicable: (a) Common Stock, options or other equity incentive awards to employees, officers, directors, consultants or vendors of the Company pursuant to any equity incentive plan duly adopted for such purpose, by
the Company’s board of directors or a majority of the members of a committee of the board of directors established for such purpose; (b) (i) any Securities issued to the Investor pursuant to this Agreement, (ii) any securities
issued upon the exercise, exchange, or conversion of any shares of Common Stock or Common Stock Equivalents held by the Investor or any of its Affiliates at any time, or (iii) any securities issued upon the exercise or exchange of or conversion
of any Common Stock Equivalents issued and outstanding on the date of this Agreement, provided that such securities referred to in this clause (iii) have not been amended since the date of this Agreement to increase the number of such
securities or to decrease the exercise price, exchange price or conversion price of such securities; (c) securities issued pursuant to acquisitions, divestitures, licenses, partnerships, collaborations or strategic transactions approved by the
Company’s board of directors or a

I-3

majority of the members of a committee of directors established for such purpose, which acquisitions, divestitures, licenses, partnerships, collaborations or strategic transactions can have a
Variable Rate Transaction component, provided that any such issuance shall only be to a Person (or to the equity holders of a Person) which is, itself or through its subsidiaries, an operating company or an asset in a business synergistic with the
business of the Company and shall provide to the Company additional benefits in addition to the investment of