secwatch.observer — SEC 8-K summary
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Issuer:     Scorpius Holdings, Inc. (—)
CIK:        0001476963
Form:       8-K
Filed at:   2025-04-11T23:59:59+00:00
Accession:  0001079973-25-000616
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476963/000107997325000616/0001079973-25-000616-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476963/000107997325000616/scpx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-25-000616

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer