Company: SCLXW
Filing Date: 2025-07-23
Form Type: 424B3
Source: 0001193125-25-163077
Chunk: 21

Company: Scilex Holding Co
Filing Date: 2025-07-23
Form: 424B3
Chunk 21
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 applicability of the Beneficial Ownership Limitation, and the resulting effect thereof hereunder at any time, shall be conclusive with respect to the applicability thereof and such result absent manifest
error. Upon delivery of a written notice to the Company, the Investor may from time to time increase or decrease the Beneficial Ownership Limitation to any other amount of Common Stock not in excess of 9.99% of the then-issued and outstanding shares
of Common Stock as specified in such notice; that any such increase in the Beneficial Ownership Limitation shall not be effective until the sixty-first (61st) day after such written notice is delivered to the Company. The provisions
of this shall be construed and implemented in a manner otherwise than in strict conformity with the terms of this to the extent necessary to correct this
(or any portion of this ) which may be defective or inconsistent with the intended Beneficial Ownership Limitation contained in this or
to make changes or supplements necessary or desirable to properly give effect to such limitation. The limitations contained in this may not be waived by the Company or the Investor, except as expressly provided
for in this .

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ARTICLE IV

REPRESENTATIONS AND WARRANTIES OF THE INVESTOR

The Investor hereby makes the following representations, warranties and covenants to the Company:

Section4.1 . The Investor is a limited liability
company duly organized, validly existing and in good standing under the laws of the State of Delaware.

Section4.2 . The Investor has the requisite limited liability company
power and authority to enter into and perform its obligations under this Agreement and the Registration Rights Agreement, and to purchase or acquire the Securities in accordance with the terms hereof. The execution, delivery and performance by the
Investor of this Agreement and the Registration Rights Agreement, and the consummation by it of the transactions contemplated hereby and thereby, have been duly authorized by all necessary limited liability company action, and no further consent or
authorization of the Investor, its board of managers (or similar governing body) or its members is required. Each of this Agreement and the Registration Rights Agreement has been duly executed and delivered by the Investor, and constitutes a valid
and binding obligation of the Investor enforceable against it in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation, conservatorship, receivership, or
similar laws relating to, or affecting generally the enforcement of, creditor’s rights and remedies or by other