Company: SCLXW
Filing Date: 2025-05-14
Form Type: 424B3
Source: 0001193125-25-119831
Chunk: 197

Company: Scilex Holding Co
Filing Date: 2025-05-14
Form: 424B3
Chunk 197
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 Optional Share
and $0.01 per February 2024 BDO Optional Warrant, less underwriting discounts and commissions, as applicable (the “February 2024 BDO Underwriters’ Option”). The number of February 2024 BDO Optional Shares and February 2024 BDO
Optional Warrants and offering prices and exercise price therefor is reflected on a pre-Reverse Stock Split basis as the February 2024 BDO Underwriters’ Option was not exercised. Each Firm Share was sold
together with a February 2024 BDO Firm Warrant at a combined public offering price of $59.50. The combined price per Firm Share and accompanying February 2024 BDO Firm Warrant paid by the Underwriters was $54.74, which amount reflects the combined
public offering price of $59.50, less underwriting discounts and commissions.

Subject to certain ownership limitations, the February 2024
BDO Common Warrants are exercisable immediately, will expire on the five-year anniversary of the date of issuance and have an exercise price of $59.50 per share. The exercise price of the February 2024 BDO Common Warrants is subject to certain
adjustments, including (but not limited to) for stock dividends, stock splits, combinations and reclassifications of the Common Stock.

In
connection with the February 2024 BDO, pursuant to the February 2024 BDO Underwriting Agreement, we issued to the Representatives warrants (the “February 2024 BDO Representative Warrants”, and together with the February 2024 BDO Common
Warrants, the “February 2024 BDO Warrants”) to purchase up to an aggregate of 13,446 shares of Common Stock (which represents 8.0% of the aggregate number of February 2024 BDO Firm Shares sold in the February 2024 BDO). The February 2024
BDO Representative Warrants are immediately exercisable and have the same terms as the February 2024 BDO Common Warrants described above, except that the exercise price of the February 2024 BDO Representative Warrants is $74.38 per share, which
represents 125% of the combined public offering price per Firm Share and accompanying February 2024 BDO Firm Warrant. We also agreed to pay certain expenses of the Representatives in connection with the February 2024 BDO, including their legal fees
and out-of-pocket expenses up to $200,000 and