secwatch.observer — SEC 8-K summary
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Issuer:     Scorpius Holdings, Inc. (—)
CIK:        0001476963
Form:       8-K
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0001079973-25-001049
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scorpius Holdings issues $130K promissory note at 5% interest due July 31, 2025
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- Principal of $130,000 issued to institutional investor; interest at 5% per annum.
- Matures on earlier of July 31, 2025, Corporate Event, or upon default.
- Default triggers include failure to pay over $150k to third parties or default on other notes.
- Holder can require redemption from up to 100% of proceeds of any subsequent Financing.
- Note sold in unregistered offering under Section 4(a)(2) and/or Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476963/000107997325001049/0001079973-25-001049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476963/000107997325001049/scpx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-25-001049

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