Company: SCLXW
Filing Date: 2025-12-17
Form Type: 424B3
Source: 0001193125-25-321971
Chunk: 6

Company: Scilex Holding Co
Filing Date: 2025-12-17
Form: 424B3
Chunk 6
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 whom that person is married or with whom that person is living in a conjugal relationship outside marriage;

if an individual, any relative of a Person mentioned in clause (v) who has the same home as that Person; or

any Person determined by the Lender, acting reasonably, to be, directly or indirectly, affiliated or associated with that Person.

"Banking Day" means any day upon which banks are generally open for business in New York, NY and Nassau , Bahamas.

"Borrower Account" has the meaning set out in Section 2.l(c).

"Borrower Securities Account" has the meaning set out in Section 2.1(c).

"Closing Date", in respect of a particular Tranche, means the date on which that Tranche is advanced by the Lender to the Borrower, which is generally expected to be within four (4) Banking Days after the Value Date in connection with such Tranche.

"Collateral Value" means, in respect of a particular Tranche, the amount obtained by multiplying (i) the number of Listco Securities required to become Pledged Securities in connection with such Tranche as set forth in the applicable Funding Notification by (ii) one of the following prices, as determined by the Lender , in its sole discretion (the "Collateral Share Price"):

the volume weighted average closing price of the Listco Securities on the Exchange for the three (3) Trading Days immediately preceding the Value Date relating to such Tranche; or

in the event that the Listco Securities are suspended from trading, the Listco Securities have not for any reason traded for more than fifteen (15) consecutive Trading Days on the Exchange or the Lender reasonably determines that the Borrower is not in compliance with Section 4.3(g), the price determined by the Lender, acting reasonably .

"Confidential Information" has the meaning set out in Section 7.1.

"Custodian Management Agreement" means the Custodian Agreement between the Borrower and the Lender contained in the Borrower's Account Opening Package.

"Delivery", in relation to any Listco Securities, means: (i) in the case of Listco Securities held by a nominee, agent or within a clearing or settlement system, the crediting of such securities to the Borrower Securities Account (or as the Lender may otherwise direct); or (ii) in the case of Listco Securities otherwise held, the delivery to the Lender (or as it may

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