Company: SCLXW
Filing Date: 2025-12-29
Form Type: 424B3
Source: 0001193125-25-335429
Chunk: 439

Company: Scilex Holding Co
Filing Date: 2025-12-29
Form: 424B3
Chunk 439
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,969 shares subject to options exercisable within 60 days of December 5, 2025 and 652 shares held 
 directly.                                                                                                      |

| (5) | Represents 7,982 shares subject to options exercisable within 60 days of December 5, 2025 and 3,214 shares held 
 directly.                                                                                                       |

| (6) | Represents 10,551 shares subject to options exercisable within 60 days of December 5, 2025 and 65 shares held 
 directly.                                                                                                     |

| (7) | Represents 19,527 shares subject to options exercisable within 60 days of December 5, 2025 and 714 shares held 
 directly.                                                                                                      |

| (8) | Excludes Mr. Shah, who resigned as Chief Executive Officer and President effective as of August 17, 
 2025 and as a director effective as of September 22, 2025.                                          |

| (9) | Represents (a) 1,458,263 shares of Common Stock held directly and (b) 14,018 shares underlying the Private                                                                                                                                               
 Warrants held by SCLX JV, all of which are currently exercisable, in each case, transferred to SCLX JV in connection with the Equity Repurchase Transaction. Does not include any shares of Series A Preferred Stock. SCLX JV holds 490,617 Private      
 Warrants. In connection with the Reverse Stock Split, the SPAC Warrants (which include the Private Warrants) were adjusted in accordance with their terms such that the number of SPAC Warrants outstanding was unchanged, but each SPAC Warrant now     
 entitles the holder to purchase 1/35th of a share of Common Stock at an exercise price of $402.50 per whole share (provided that in no event shall the holder of any such warrants be entitled, upon the exercise of such warrants, to receive a         
 fractional interest in a share of Common Stock upon such exercise and the Company shall, upon such exercise, round up to the nearest whole number of shares of Common Stock to be issued to such holder). Accordingly, the Private Warrants held by SCLX 
 JV are currently exercisable for 14,018 shares of Common Stock. The voting and dispositive power of the equity securities of the Company (including the Series A Preferred Stock) held by SCLX JV are subject to the control of an independent manager,  
 Xiao Xu, until such time as the O