Company: SCLXW
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0000950170-25-071914
Chunk: 58

Company: Scilex Holding Co
Filing Date: 2025-05-15
Form: 424B3
Chunk 58
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 Scilex Holding Company 2022 Equity Incentive Plan (the “Equity Incentive Plan”). As of March 31, 2025, a total of 703,670 shares of Common Stock were available and have been reserved for future issuance under the Equity Incentive Plan, which number of shares accounts for the automatic annual increase on January 1, 2025 pursuant to the Equity Incentive Plan. Scilex Holding Company 2023 Inducement Plan On January 17, 2023, the compensation committee of the Board adopted the Scilex Holding Company 2023 Inducement Plan (the “Inducement Plan”). The Inducement Plan provides for the grant of equity-based awards in the form of non-statutory stock options, stock appreciation rights, restricted stock, restricted stock units, and other awards solely to prospective employees of the Company or an affiliate of the Company provided that certain criteria are met. The initial maximum number of shares available for grant under the Inducement Plan is 40,000 shares of Common Stock (subject to adjustment for recapitalizations, stock splits, reorganizations and similar transactions). No awards were granted under the Inducement Plan during the three months ended March 31, 2025 and 2024. As of March 31, 2025, options to purchase 1,022,353 shares of Common Stock were outstanding under all equity incentive plans. The following table summarizes stock option activity during the three months ended March 31, 2025 (in thousands, except for per share amounts and contractual life):

|                                                  | Options |       |   |     | Weighted-Average Exercise Price |        |     | Weighted-Average            
 Remaining Contractual Life, 
 in years                    |     |     | Aggregate Intrinsic Value |   |
|:-------------------------------------------------|:--------|------:|:--|:----|:--------------------------------|-------:|:----|:----------------------------|----:|:----|:--------------------------|:--|
| Outstanding as of December 31, 2024              |         | 1,028 |   |     | $                               | 138.23 |     |                             | 6.4 |     | $                         | — |
| Forfeited/Cancelled                              |         |    (6 | ) |     | $                               | 149.37 |     |                             |     |     |                           |   |
| Outstanding as of March 31, 202