Company: SCLXW
Filing Date: 2025-08-04
Form Type: S-1
Source: 0001193125-25-172703
Chunk: 460

Company: Scilex Holding Co
Filing Date: 2025-08-04
Form: S-1
Chunk 460
---
36.40, and may be adjusted for stock splits, stock dividends, stock combinations, recapitalizations and similar events, unless shareholder approval is obtained to allow the Exchange Warrants to be exercised at a price that is lower than $36.40 in accordance with Nasdaq Listing Rules. The Company is under no obligation to seek or obtain such shareholder approval. The Exchange Warrants also provide for a voluntary adjustment to the exercise price, subject to certain conditions set forth therein, including compliance with Nasdaq rules and having obtained the prior written consent of the Required Holders (as defined in the Tranche B Securities Purchase Agreement).

The Exchange Warrants have the same terms as the October 2024 Noteholder Warrants described above, except that the exercise price is $40.00 per share and the exercise price floor is $36.40 per share.

The foregoing summary of the terms and conditions of the Exchange Warrants do not purport to be complete and are qualified in their entirety by reference to the copy of the form of Exchange Warrant that is filed as an exhibit to the registration statement of which this prospectus forms a part.

#### December 2024 Warrants
On December 11, 2024, we entered into the December 2024 RDO Purchase Agreement, pursuant to which we sold, in a registered direct offering, (i) an aggregate of 753,009 shares of Common Stock, (ii) the December 2024 RDO Pre-Funded Warrants to purchase up to 68,604 shares of Common Stock, with an exercise price of $22.72 per share, (iii) the December 2024 RDO Common Warrants to purchase up to 1,642,871 shares of Common Stock, issued to the investors, with an exercise price of $22.72 per share, and (iv) the StockBlock Warrants to purchase up to 131,472 shares of Common Stock, issued to StockBlock, with an exercise price of $25.81 per share (together with the December 2024 RDO Common Warrants, the “December 2024 Warrants”).

<div align='center'>289</div>

As of March 31, 2025, there were 1,774,343 December 2024 Warrants that remain outstanding. All of the December 2024 RDO Pre-Funded Warrants have been exercised.

The December 2024 RDO Common Warrants, subject to certain ownership limitations, become exercisable on the six month