Company: SCLXW
Filing Date: 2025-05-07
Form Type: POS AM
Source: 0001193125-25-115095
Chunk: 433

Company: Scilex Holding Co
Filing Date: 2025-05-07
Form: POS AM
Chunk 433
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 such dividends are not effectively connected with the Non-U.S. Holder’s conduct of a trade or business within the United States, we will be required to withhold tax from the gross amount of the dividend at a rate of 30%, unless such Non-U.S. Holder is eligible for a reduced rate of withholding tax under an applicable income tax treaty and provides proper certification of its eligibility for such reduced rate (usually on an IRS Form W-8BEN or W-8BEN-E, as applicable). Special certification and other requirements apply to certain Non-U.S. Holders that are pass-through entities rather than corporations or individuals. In the case of any constructive dividend (as described below under “Non-U.S.Holders — Possible Constructive Distributions”), it is possible that this tax would be withheld from any amount owed to a Non-U.S. Holder by the applicable withholding agent, including cash distributions on other property or sale proceeds from SPAC Warrants or other property subsequently paid or credited to such holder. Any distribution not constituting a dividend will be treated first as reducing (but not below zero) the Non-U.S. Holder’s adjusted tax basis in its shares of our Common Stock and, to the extent such distribution exceeds the Non-U.S. Holder’s adjusted tax basis, as gain realized from the sale or other disposition of the Common Stock, which will be treated as described under “Non-U.S.Holders — Gain on Sale, Taxable**

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Exchange or Other Taxable Disposition of Common Stock and SPAC Warrants” below.In addition, if we determine that we are likely to be classified as a “United States real property holding corporation” (subject to the third bullet below in “ Non-U.S. Holders — Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of Common Stock and SPAC Warrants” below), we will withhold 15% of any distribution that exceeds our current and accumulated earnings and profits. Dividends we pay to a Non-U.S. Holderthat are effectively connected with such Non-U.S. Holder’sconduct of a trade or business within the United States (or if a tax treaty applies are attributable to a U.S. permanent establishment or fixed base maintained by the Non-U.S. Holder)will generally not be subject to U.S. withholding tax, provided such Non-U.S. Holdercomplies with certain certification and disclosure requirements (generally by providing an IRS Form W-8ECI).Instead, such dividends generally will be