Company: SCLXW
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0000950170-25-071904
Chunk: 58

Company: Scilex Holding Co
Filing Date: 2025-05-15
Form: 424B3
Chunk 58
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 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, 2025                 |         | 1,022 |   |     | $                               | 138.17 |     |                             | 6.1 |     | $                         | — |
| Vested and expected to vest as of March 31, 2025 |         | 1,022 |   |     | $                               | 138.17 |     |                             | 6.1 |     | $                         | — |
| Exercisable as of March 31, 2025                 |         |   756 |   |     | $                               | 116.98 |     |                             | 5.4 |     | $                         | — |

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Intrinsic value is calculated as the difference between the exercise price of the underlying options and the fair value of the Common Stock for the options that had exercise prices that were lower than the per share fair value