secwatch.observer — SEC 8-K summary
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Issuer:     Scorpius Holdings, Inc. (—)
CIK:        0001476963
Form:       8-K/A
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001079973-26-000283
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 9.01, 2.01, 2.04
LLM model:  deepseek-v4-flash:cloud@v2

Scorpius Holdings' CDMO assets foreclosed Dec 10, 2025; $15.2M proceeds settle $30.2M debt
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- Collateral agent foreclosed on substantially all non-cash assets (lab equipment $7.1M, leases, inventory) on Dec 10, 2025.
- Proceeds of $15.2M applied to partially settle $30.2M secured debt; $14.9M debt remains after sale.
- All CDMO employees terminated Dec 10, 2025; majority joined buyer Velocity Bioworks (Tivic Health subsidiary).
- Pro forma total assets drop from $20.8M to $0.9M; accumulated deficit rises to $321.4M.
- Pro forma net loss for nine months ended Sep 30, 2025 adjusted to $1.47M from $16.8M reported.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476963/000107997326000283/0001079973-26-000283-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476963/000107997326000283/scpx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-26-000283

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