Company: SCLXW
Filing Date: 2025-08-04
Form Type: S-1
Source: 0001193125-25-172703
Chunk: 592

Company: Scilex Holding Co
Filing Date: 2025-08-04
Form: S-1
Chunk 592
---
 Representative Warrants as of the date of issuance was $ 0.3million. On December 11, 2024, the Company entered into a warrant amendment (the “Warrant Amendment”) with one of its investors to exercise the outstanding number of the February 2024 BDO Firm Warrants that the Company issued to such investor in the February 2024 BDO. Pursuant to the Warrant Amendment, the investor agreed to exercise outstanding February 2024 BDO Firm Warrants to purchase an aggregate of 50,421shares of Common Stock in cash at an amended exercise price of $ 20.65per share. During each of the three months ended March 31, 2025 and 2024, there were noFebruary 2024 BDO Firm Warrants exercised. As of each of March 31, 2025 and December 31, 2024, there were 3,803,447February 2024 BDO Firm Warrants, which are currently exercisable for an aggregate of up to 108,686shares of Common Stock outstanding and 470,588February 2024 BDO Representative Warrants, which are currently exercisable for an aggregate of up to 13,446shares of our Common Stock outstanding. April 2024 Registered Direct Offering On April 23, 2024, the Company entered into a securities purchase agreement (the “April 2024 RDO Purchase Agreement”) with the investor named therein, pursuant to which the Company agreed to sell and issue, in a registered direct offering (the “April 2024 RDO”): (i) an aggregate of 428,572shares of Common Stock (the “April 2024 RDO Shares”), and (ii) common warrants to purchase up to 428,572shares of Common Stock (the “April 2024 RDO Common Warrants”). The offering price per April 2024 RDO Share and accompanying April 2024 RDO Common Warrant to purchase one share of Common Stock was $ 35.00, for aggregate gross proceeds to the Company of $ 15,000,000, before deducting the placement agent fees and other offering expenses. Subject to certain ownership limitations, the April 2024 RDO Common Warrants are exercisable on the six-monthanniversary from the date of issuance, will expire on the five-year anniversary of the date of issuance and have an exercise price of $ 38.50per share. The exercise price of the April 2024