Company: SCLXW
Filing Date: 2025-05-07
Form Type: POS AM
Source: 0001193125-25-115095
Chunk: 539

Company: Scilex Holding Co
Filing Date: 2025-05-07
Form: POS AM
Chunk 539
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 |     |              |   4,601,036 |     |              |          — |
| Shares issuable under Tranche B Notes     |     |              |  40,551,607 |     |              |          — |
| Total                                     |     |              | 168,639,401 |     |              | 48,168,217 |

F-52

14. Subsequent Events Deferral and Consent under Tranche B Senior Secured Convertible Note Pursuant to the Tranche B Notes, commencing on January 2, 2025 (the “First Amortization Payment Date”), the Company is required to redeem in cash (the “First Amortization Payment”) such portion of the principal amount of the Tranche B Notes equal to each Tranche B Noteholder’s Holder Pro Rata Amount (as defined in the Tranche B Notes) of $ 6,250,000per fiscal quarter at a redemption price equal to 100% of such Amortization Amount (as defined in the Tranche B Notes). On January 2, 2025, the Company entered into a deferral and consent letter with each of (i) Nomis Bay Ltd and BPY Limited (the “Nomis Bay Consent”), (ii) Oramed (the “Oramed Consent”) and (iii) 3i, LP (the “3i Consent” and, together with the Nomis Bay Consent and the Oramed Consent, the “Tranche B Consents”), respectively, pursuant to which the Tranche B Noteholders agreed to defer the Company’s obligation to make the First Amortization Payment until January 31, 2025. In consideration of such deferral, and to limit the Tranche B Noteholders’ right to exercise certain secured creditor remedies (including recourse against the assets of SCLX JV as a grantor under the Security Agreement (as defined in the Tranche B Consents)), SCLX JV delivered to the Tranche B Noteholders (or their designee) by deposit/withdrawal at custodian with the Depository Trust Company an aggregate of 5,000,000Scilex Shares held by SCLX JV, of which 2,500,000shares were delivered to Oramed, 720,000shares were delivered to BPY Limited, 1,280,000shares were delivered to Nomis Bay Ltd, and 500,000shares were delivered to 3i, LP.

In addition