secwatch.observer — SEC 8-K summary
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Issuer:     Scorpius Holdings, Inc. (—)
CIK:        0001476963
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001079973-25-001195
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scorpius Holdings issues $490k promissory note at 5% interest, matures Sept 30, 2025
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- Principal $490,000; interest 5% per annum; maturity on earlier of Sept 30, 2025, Corporate Event, or default.
- Note includes a 5% premium on principal payable upon maturity, redemption, or prepayment.
- Holder may require redemption using up to 100% of gross proceeds from any subsequent Financing while note is outstanding.
- Events of default include company or subsidiaries failing to pay >$150k debt to third parties, subject to exceptions.
- Note sold under Section 4(a)(2) of Securities Act and Regulation D, unregistered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476963/000107997325001195/0001079973-25-001195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476963/000107997325001195/scpx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-25-001195

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