Company: SCLXW
Filing Date: 2025-02-26
Form Type: PRER14A
Source: 0001193125-25-036730
Chunk: 37

Company: Scilex Holding Co
Filing Date: 2025-02-26
Form: PRER14A
Chunk 37
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ournment Proposal

We do not believe that our officers or directors have interests in Proposal No. 2 that are different from or greater than those of any
other of our stockholders.

Vote Required

The approval of the Adjournment Proposal requires the affirmative vote of a majority of the voting power of the issued and outstanding shares
of our Common Stock and Series A Preferred Stock entitled to vote at the Special Meeting, present in person, or by remote communication, if applicable, or represented by proxy. Abstentions will have the effect of a vote against this proposal, and
broker non-votes will have no effect.

THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY, TO SOLICIT ADDITIONAL PROXIES IF THERE ARE INSUFFICIENT VOTES AT THE TIME OF THE SPECIAL MEETING TO APPROVE THE REVERSE STOCK SPLIT PROPOSAL.

23

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth information regarding the beneficial ownership of our Common Stock as of January 31, 2025 by:

| • |     | each person or “group” known to be the beneficial owner of more than 5% of our outstanding Common 
 Stock;                                                                                            |

| • |     | each of our current executive officers and directors; and |

| • |     | all of our executive officers and directors as a group. |

Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if he, she or it possesses sole or shared voting or investment power over that security, including options and warrants that are currently exercisable or exercisable within 60 days. Shares subject to options and warrants that are currently exercisable or exercisable within 60 days of January 31, 2025 are considered outstanding and beneficially owned by the person holding such options or warrants for the purpose of computing the percentage ownership of that person, but are not treated as outstanding for the purpose of computing the percentage ownership of any other person. The beneficial ownership of our Common Stock is based on 243,312,885 shares of such Common Stock outstanding as of January 31, 2025. Voting power is based on 243,312,885 shares of Common Stock and 29,057,097 shares of Series A Preferred Stock outstanding as of January 31, 2025, with the Series A Preferred Stock