secwatch.observer — SEC 8-K summary
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Issuer:     Scorpius Holdings, Inc. (—)
CIK:        0001476963
Form:       8-K
Filed at:   2025-05-20T23:59:59+00:00
Accession:  0001079973-25-000912
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476963/000107997325000912/0001079973-25-000912-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476963/000107997325000912/scpx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-25-000912

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