---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-25-000912"
form_type: "8-K"
ticker: null
cik: "0001476963"
company_name: "Scorpius Holdings, Inc."
filed_at: "2025-05-20T23:59:59+00:00"
generated_at: "2026-05-20T23:53:24.040384+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Scorpius Holdings issues $450K promissory note to 3i, L.P.; CEO provides personal guaranty

## Summary
- Non-convertible note principal $450,000, interest 5% per annum, matures July 31, 2025 or earlier upon Corporate Event or default.
- Holder can require redemption of entire outstanding balance from up to 100% of gross proceeds of any subsequent Financing.
- CEO Jeff Wolf executed a personal guaranty for the note, effective if obligations unpaid by December 31, 2028.
- Personal guaranty reduces dollar-for-dollar by payments made by the Company or third parties to the Holder.
- Note issued under Section 4(a)(2) and Regulation D; no registration statement filed.

## SEC filing metadata
- accession: 0001079973-25-000912
- form_type: 8-K
- cik: 0001476963
- company_name: Scorpius Holdings, Inc.
- filed_at: 2025-05-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476963/000107997325000912/0001079973-25-000912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476963/000107997325000912/scpx_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-25-000912
- JSON: https://secwatch.observer/filing/0001079973-25-000912.json
- Plain text: https://secwatch.observer/filing/0001079973-25-000912.txt

## Key facts
- Debt Financings
  Scorpius Holdings, Inc. incurred loan of $450,000 with an institutional investor at 5.0% per annum maturing earlier of: (i) July 31, 2025; (ii) the consummation of a Corporate Event (as such term is defined in the Note); or (iii) when, upon or after the occurrence of.
  - Instrument: loan
  - Principal: $450,000
  - Counterparty: an institutional investor
  - Rate: 5.0% per annum
  - Maturity: earlier of: (i) July 31, 2025; (ii) the consummation of a Corporate Event (as such term is defined in the Note); or (iii) when, upon or after the occurrence of
  - Event: incurrence
  source text: On May 15, 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476963/000107997325000912/0001079973-25-000912-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.