Company: SCLXW
Filing Date: 2025-12-16
Form Type: S-1
Source: 0001193125-25-319720
Chunk: 197

Company: Scilex Holding Co
Filing Date: 2025-12-16
Form: S-1
Chunk 197
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, broker-dealer or agent, place orders online or through their financial advisors.

In offering the shares covered by this prospectus, the Selling Stockholders and any broker-dealers who execute sales for the Selling Stockholders may be deemed to be “underwriters” within the meaning of the Securities Act in connection with such sales. Any discounts, commissions, concessions or profit they earn on any resale of those securities may be underwriting discounts and commissions under the Securities Act.

In order to comply with the securities laws of certain states, if applicable, the shares must be sold in such jurisdictions only through registered or licensed brokers or dealers. In addition, in certain states the shares may not be sold unless they have been registered or qualified for sale in the applicable state or an exemption from the registration or qualification requirement is available and is complied with.

We have advised the Selling Stockholders that the anti-manipulation rules of Regulation M under the Exchange Act may apply to sales of shares in the market and to the activities of the Selling Stockholders and their affiliates. In addition, we will make copies of this prospectus available to the Selling Stockholders for the purpose of satisfying the prospectus delivery requirements of the Securities Act. The Selling Stockholders may indemnify any broker-dealer that participates in transactions involving the sale of the shares against certain liabilities, including liabilities arising under the Securities Act.

Our Common Stock is currently listed on the Nasdaq Capital Market under the symbol “SCLX.”

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### DESCRIPTION OF THE EXCHANGE WARRANTS
The following summary of certain terms and provisions of the Exchange Warrants is not complete and is subject to, and qualified in its entirety by, the provisions of the Exchange Warrants. The form of Exchange Warrant is filed as an exhibit to the registration statement of which this prospectus forms a part.

#### Shares Issuable on Exercise
We are offering by this prospectus 500,000 shares of Common Stock issuable upon exercise in full of all of the Exchange Warrants.

#### Exercise Price
The Exchange Warrants are exercisable at an exercise price equal to $40.00 per share of Common Stock.

The exercise price is subject to adjustment for any stock split, stock dividend, stock combination, recapitalization or similar event. The exercise price is also subject to full-ratchet adjustment (down to the Exchange Warrant Exercise Price Floor of $36.40) in connection with a subsequent offering at a per share price less than the exercise price then in effect. The exercise price cannot be