Scorpius Holdings loses substantially all non-cash assets in foreclosure sale; all CDMO employees terminated

Scorpius Holdings, Inc.

Foreclosure on Dec 10, 2025; $15.2M net proceeds applied to $30.2M secured debt; $17.4M pro-forma loss on foreclosure.
Disposed assets include all non-cash CDMO/R&D assets (lab equip $8.1M, leasehold $1.1M, inventory, prepaids).
All CDMO employees terminated Dec 10, 2025; majority joined Velocity Bioworks (Tivic Health Systems unit), buyer.
Post-foreclosure, co retains cash $520K, receivables $25K, prepaid $83K, and minimal lease obligations.
Remaining secured debt $14.9M after proceeds applied (convertible $14.5M, non-convertible $0.5M).

item 2.01 item 9.01 item 2.04

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001079973-26-000142
form_type: 8-K
ticker: null
cik: 0001476963
company_name: Scorpius Holdings, Inc.
filed_at: 2026-01-29T23:59:59+00:00
discovered_at: 2026-05-14T18:02:35.160027+00:00
generated_at: 2026-05-16T06:24:03.679807+00:00
sec_items: ["2.01", "9.01", "2.04"]
event_type: other_material
sentiment: negative
materiality_score: 0.9
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001079973-26-000142
json_url: https://secwatch.observer/filing/0001079973-26-000142.json
markdown_url: https://secwatch.observer/filing/0001079973-26-000142.md
text_url: https://secwatch.observer/filing/0001079973-26-000142.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1476963/000107997326000142/0001079973-26-000142-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1476963/000107997326000142/scpx_8k.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Source: SEC EDGAR

accession 0001079973-26-000142

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.