---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-25-001574"
form_type: "8-K"
ticker: null
cik: "0001476963"
company_name: "Scorpius Holdings, Inc."
filed_at: "2025-10-08T23:59:59+00:00"
generated_at: "2026-05-17T04:18:50.721044+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Scorpius Holdings issues $500K note, secures up to $5M additional debt; acknowledges prior defaults and NYSE delisting.

## Summary
- Issued $500,083 non-convertible note due Oct 31, 2025, at 5% interest, with 5% prepayment premium.
- Amendment agreement allows 3i, LP to fund up to $5M in additional secured notes at 5% interest, 6-month maturity, 15% premium.
- Prior outstanding notes total $7,389,083 (Schedule A); all obligations now secured under new Security Agreement.
- Filing acknowledges multiple events of default: NYSE American delisting (May 2025), failure to maintain registration, missed payments, covenant breaches.
- Subsidiary guarantees executed to secure all prior and future notes.

## SEC filing metadata
- accession: 0001079973-25-001574
- form_type: 8-K
- cik: 0001476963
- company_name: Scorpius Holdings, Inc.
- filed_at: 2025-10-08T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476963/000107997325001574/0001079973-25-001574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476963/000107997325001574/scpx_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-25-001574
- JSON: https://secwatch.observer/filing/0001079973-25-001574.json
- Plain text: https://secwatch.observer/filing/0001079973-25-001574.txt

## Key facts
- Debt Financings
  Scorpius Holdings, Inc. amended credit facility of maximum aggregate principal amount of $5,000,000 with institutional investor at 5.0% per annum maturing earlier of: (i) six (6) months following their date of issuance; (ii) the consummation of a Corporate Event; or (iii) when, upon or after the occurrence of an e.
  - Instrument: credit facility
  - Principal: maximum aggregate principal amount of $5,000,000
  - Counterparty: institutional investor
  - Rate: 5.0% per annum
  - Maturity: earlier of: (i) six (6) months following their date of issuance; (ii) the consummation of a Corporate Event; or (iii) when, upon or after the occurrence of an e
  - Event: amendment
  source text: on October 6, 2025 , the Company entered into an agreement (the “Amendment Agreement”) with the Holder, in connection with one or more new loans to be made by the Holder at its option to the Company in the maximum aggregate principal amount of $5,000,000 (the “Maximum Funding Amount”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476963/000107997325001574/0001079973-25-001574-index.htm
- Debt Financings
  Scorpius Holdings, Inc. incurred loan of $500,083.00 with institutional investor at 5.0% per annum maturing earlier of: (i) October 31, 2025; (ii) the consummation of a Corporate Event; or (iii) when, upon or after the occurrence of an event of default.
  - Instrument: loan
  - Principal: $500,083.00
  - Counterparty: institutional investor
  - Rate: 5.0% per annum
  - Maturity: earlier of: (i) October 31, 2025; (ii) the consummation of a Corporate Event; or (iii) when, upon or after the occurrence of an event of default
  - Event: incurrence
  source text: On October 1, 2025, Scorpius Holdings, Inc., a Delaware corporation (the “Company”), issued a non-convertible promissory note, dated September 30, 2025 (the “Note”) in the principal amount of Five Hundred Thousand Eighty-Three Dollars ($500,083.00) to an institutional investor (the “Holder”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476963/000107997325001574/0001079973-25-001574-index.htm

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