Company: SCLXW
Filing Date: 2025-12-17
Form Type: 424B3
Source: 0001193125-25-321966
Chunk: 14

Company: Scilex Holding Co
Filing Date: 2025-12-17
Form: 424B3
Chunk 14
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, the foregoing acknowledgement relates only to those Listco Securities that become Pledged Securities hereunder, and not to that portion of the Listco Securities pledged hereby pursuant to Section 2.2(a) that are not Pledged Securities at the relevant time .

<div align='center'>-8-</div>

The Lender shall , so long as any Obligations remain outstanding, be entitled to receive and deal any and all dividends (including special or one-time dividends) , interest, income, revenue, return of capital or other distributions made in respect of the Pledged Securities, provided that on the Re-delivery Date, the Lender shall pay to the Borrower, in USD, an amount equal to all such dividends, interest, income, revenue, return of capital or other distributions paid thereon prior to the Re-delivery Date (for greater certainty, excluding any special or one-time dividends or other distributions).

So long as any Obligations remain outstanding, the Lender shall not short the Listco Securities.

<div align='center'>ARTICLE III

MATURITY DATE, PREPAYMENT, REPAYMENT AND RE-DELIVERY</div>

#### 3.1.
Extension of Maturity Date

The Borrower may request that the Maturity Date be extended on one occasion, and upon a request by the Borrower in accordance with Section 3.l(b), the Lender may, in its sole discretion, elect by notice in writing to the Borrower to extend the Maturity Date for up to an additional twelve (12) months following the Maturity Date, on the same terms and conditions as set forth herein, provided that the maximum term of the Loan shall not exceed sixty (60) months.

To seek an extension of the Maturity Date, the Borrower must provide written notice of the request to the Lender (an " Extension Request ") not less than thirty (30) Banking Days prior to the end of the Maturity Date. If the Lender elects to grant an Extension Request, in its sole discretion, subject to compliance with Section 3.l(c), the new maturity date as so extended shall thereupon be the "Maturity Date" for the purposes of this Agreement.

It shall be a condition precedent to any such extension (irrespective of the length of the extension acceptable to the Lender) that the Borrower pays to the Lender an extension fee equal to not less than 1.25% of the market value of all Pledged Securities as at the date of the receipt by