Company: SCLXW
Filing Date: 2025-05-07
Form Type: POS AM
Source: 0001193125-25-115095
Chunk: 491

Company: Scilex Holding Co
Filing Date: 2025-05-07
Form: POS AM
Chunk 491
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, the April 2024 RDO Common Warrants, the October 2024 Noteholder Warrants, and December 2024 RDO Common Warrants (each F-22

as defined below). The Company recorded a loss of $ 0.5 million for the year ended December 31, 2023, on derivative liabilities which was attributed to the Private Warrants that the Company assumed from Vickers in November 2022 in connection with the Business Combination (“Private Warrants”).

As of December 31, 2024, the following warrants to purchase Common Stock that are included in derivative liabilities were outstanding: 1,000,000 Private Warrants, 3,803,447 February 2024 BDO Firm Warrants, 15,000,000 April 2024 RDO Common Warrants, 3,250,000 Deposit Warrant, 7,500,000 October 2024 Noteholder Warrants and 57,512,958 December 2024 RDO Common Warrants. As of December 31, 2024, the fair value of derivative warrant liabilities related to these warrants was $ 18.3 million.

The following table includes a summary of the derivative liabilities measured at fair value during the years ended December 31, 2024 and 2023 (in thousands):

|                                                                                                                                                                                                                                                                                                                                       |     | Fair Value |         |   |
|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----------|--------:|:--|
| Ending Balance as of December 31, 2022                                                                                                                                                                                                                                                                                                |     | $          |   1,231 |   |
| Change in fair value measurement                                                                                                                                                                                                                                                                                                      |     |            |     512 |   |
| Forfeiture of Private Warrants                                                                                                                                                                                                                                                                                                        |     |            |    (225 | ) |
| Ending Balance as of December 31, 2023                                                                                                                                                                                                                                                                                                |     |            |   1,518 |   |
| Issuance of February 2024 BDO Firm Warrants as part of February 2024 BDO, April 2024 RDO Common Warrants as part of April 2024 RDO, October 2024 Noteholder Warrants as part of Tranche B Notes, December 2024 RDO Common Warrants as part of December 2024 RDO, and December 2024 RDOPre-FundedWarrants as part of December 2024 RDO |     |            |  34