secwatch.observer — SEC 8-K summary
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Issuer:     Scorpius Holdings, Inc. (—)
CIK:        0001476963
Form:       8-K
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0001079973-25-001405
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scorpius Holdings issues $500K non-convertible promissory note at 5% due Oct 31, 2025
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- Principal $500,000; interest rate 5% per annum; maturity earliest of Oct 31, 2025 or a Corporate Event or post-default.
- Premium payment of 5% of principal included on maturity, redemption, or prepayment.
- Holder may require redemption using up to 100% of gross proceeds from any subsequent Financing.
- Customary events of default include failure to pay indebtedness over $150K by company or subsidiaries.
- Note issued under Section 4(a)(2) and Regulation D exemption; not registered under Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476963/000107997325001405/0001079973-25-001405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476963/000107997325001405/scpx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-25-001405

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