Company: SCLXW
Filing Date: 2025-02-26
Form Type: PRER14A
Source: 0001193125-25-036730
Chunk: 42

Company: Scilex Holding Co
Filing Date: 2025-02-26
Form: PRER14A
Chunk 42
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 Restated Certificate of Incorporation of the Corporation with the Secretary of State of the State of Delaware (the “ Effective Time”), each [_______] 1shares of Common Stock issued immediately prior to the Effective Time shall be reclassified, changed and combined into one (1) validly issued, fully paid and non-assessableshare of Common Stock without any further action by the Corporation or the holder thereof (the “ Reverse Stock Split”); providedthat no fractional shares of Common Stock shall be issued to any holder in connection with the Reverse Stock Split and in lieu thereof, any stockholder who otherwise would be entitled to receive fractional shares of Common Stock (taking into account all shares of capital stock owned by such stockholder) shall be entitled to receive cash (without interest or deduction) equal to the fraction of one share of Common Stock to which such stockholder would otherwise be entitled multiplied by the closing price of the Common Stock as reported on the Nasdaq Capital Market on the trading day immediately preceding the date prior to the date of the Effective Time. Each certificate that, immediately prior to the Effective Time, represented shares of Common Stock that were issued and outstanding immediately prior to the Effective Time (“ Old Certificates”), shall, from and after the Effective Time, represent that whole number of shares of Common Stock into which the shares of Common Stock represented by the Old Certificates shall have been reclassified, changed and combined, subject to the treatment of fractional shares as described above.”

| D. | This Certificate of Amendment shall be effective at 12:01 a.m. Eastern Time on ____________, 2025. |

| 1 | The Board of Directors of the Corporation adopted resolutions approving 37 separate amendments to the                                                                                                                                                    
 Restated Certificate of Incorporation. These amendments approve the combination of any whole number of shares of Common Stock between and including 14 and 50 into one share of Common Stock. By approving Proposal No. 1, you are approving each of the 
 37 amendments proposed by the Board of Directors. The Certificate of Amendment filed with the Secretary of State of the State of Delaware will include only that amendment determined by the Board of Directors to be in the best interests of the       
 Corporation and its stockholders. The other 36 proposed amendments will be abandoned pursuant to Section 242(c) of the General Corporation Law of the State of Delaware. The Board of Directors may also elect not to do any reverse stock split,        
 pursuant to which all 37 proposed amendments will be abandoned.                                                                                                                                                                                          |

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