Scorpius Holdings, Inc.: debt financing — Scorpius Holdings issues $450K non-convertible promissory note at 5%, matures May 15, 2025

Scorpius Holdings, Inc.

Principal $450,000, interest 5% per annum, matures May 15, 2025 or earlier upon corporate event or default.
Premium payment equal to 5% of principal due upon maturity, redemption, or prepayment.
Holder may require redemption using up to 100% of gross proceeds from any subsequent financing while note outstanding.
Sold in reliance on Section 4(a)(2) and/or Regulation D exemption from registration.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Scorpius Holdings, Inc. incurred loan of $450,000 with an institutional investor at 5.0% per annum maturing the earlier of: (i) May 15, 2025; (ii) the consummation of a Corporate Event; or (iii) when, upon or after the occurrence of an event of default under the Note.

Instrument: loan
Principal: $450,000
Counterparty: an institutional investor
Rate: 5.0% per annum
Maturity: the earlier of: (i) May 15, 2025; (ii) the consummation of a Corporate Event; or (iii) when, upon or after the occurrence of an event of default under the Note
Event: incurrence

Exact text from the filing

On April 10, 2025, Scorpius Holdings, Inc., a Delaware corporation (the “Company”), issued a non-convertible promissory note (the “Note”) in the principal amount of Four Hundred Fifty Thousand Dollars ($450,000) to an institutional investor (the “Holder”).

View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR

accession 0001079973-25-000616

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.