---
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"
generated_at: "2026-05-16T06:24:03.679807+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001079973-26-000142
- form_type: 8-K
- cik: 0001476963
- company_name: Scorpius Holdings, Inc.
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- confidence: high
- sec_items: 2.01, 9.01, 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476963/000107997326000142/0001079973-26-000142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476963/000107997326000142/scpx_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-26-000142
- JSON: https://secwatch.observer/filing/0001079973-26-000142.json
- Plain text: https://secwatch.observer/filing/0001079973-26-000142.txt

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