Vickers Venture Fund VI Pte Ltd - Nov 10, 2022 Form 4 Insider Report for Vickers Vantage Corp. I (SCLX)

Role
Other*, 10%+ Owner
Signature
Vickers Venture Fund VI Pte Ltd, by Jeffrey Chi, Managing Member
Stock symbol
SCLX
Transactions as of
Nov 10, 2022
Transactions value $
$0
Form type
4
Date filed
11/15/2022, 08:47 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCLX Warrants Other -5.26M -85.38% 901K Nov 10, 2022 Common Stock 5.26M $11.50 By Vickers Venture Fund VI Pte Ltd F1, F2
transaction SCLX Warrants Other -578K -85.38% 99K Nov 10, 2022 Common Stock 578K $11.50 By Vickeres Venture Fund VI (Plan) Pte Ltd F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Vickers Venture Fund VI Pte Ltd is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Effective November 10, 2022, Vickers Venture Fund VI Pte Ltd and Vickers Venture Fund VI (Plan) Pte Ltd (and indirectly by its managing members, Jeffrey Chi, the Issuer's Chief Executive Officer, and Christopher Ho, the Issuer's Chief Financial Officer) are no longer 10% Holders of Vickers Vantage Corp. I
F2 In connection with the business combination between Scilex Holding Company (f/k/a Vickers Vantage Corp. I) with Scilex, Inc. (f/k/a Scilex Holding Company, (i) Vickers Venture Fund VI Pte Ltd forfeited 2,465,136 warrants to purchase common shares of Scilex Holding Company ("New Scilex Warrants") and transferred 2,796,704 New Scilex Warrants to to Sorrento Therapeutics, Inc. ("Sorrento") and (ii) Vickers Venture Fund VI (Plan) Pte Ltd forfeited 270,864 New Scilex Warrants and transferred 307,296 to Sorrento. Following such transfers and the forfeitures (i) Vickers Venture Fund VI Pte Ltd holds 901,000 New Scilex Warrants and (ii) Vickers Venture Fund VI (Plan) Pte Ltd holds 99,000 New Scilex Warrants.