Scorpius Holdings Reports Accelerated Financial Obligation

TL;DR

Scorpius Holdings (SCPX) just filed an 8-K about an accelerated financial obligation - need to check the details.

AI Summary

Scorpius Holdings, Inc. filed an 8-K on September 15, 2025, reporting a triggering event that accelerates or increases a direct financial obligation or an obligation under an off-balance sheet arrangement as of September 9, 2025. The filing does not specify the exact nature of the obligation or the dollar amount involved.

Why It Matters

This filing indicates a potential change in Scorpius Holdings' financial obligations, which could impact its liquidity and future financial commitments.

Risk Assessment

Risk Level: medium — The filing indicates a potential acceleration of financial obligations, which could signal financial distress or increased liabilities for the company.

Key Players & Entities

• Scorpius Holdings, Inc. (company) — Registrant
• September 9, 2025 (date) — Date of earliest event reported
• September 15, 2025 (date) — Date of report
• Delaware (jurisdiction) — State of incorporation
• 1305 E. Houston Street , Building 2 San Antonio , TX 78205 (address) — Principal executive offices

FAQ

Key Financial Figures

• $12,416,667 — es in the original principal amounts of $12,416,667 and $972,222, respectively (the "Notes"
• $972,222 — al principal amounts of $12,416,667 and $972,222, respectively (the "Notes") and secured
• $14,994,810 — er the Notes in the aggregate amount of $14,994,810.35, due and payable upon receipt of the

Filing Documents

• scpx_8k.htm (8-K) — 24KB
• 0001079973-25-001455.txt ( ) — 181KB
• scpx-20250909.xsd (EX-101.SCH) — 3KB
• scpx-20250909_lab.xml (EX-101.LAB) — 33KB
• scpx-20250909_pre.xml (EX-101.PRE) — 22KB
• scpx_8k_htm.xml (XML) — 3KB

04 Triggering

Item 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation Under an Off-Balance Sheet Arrangement. As previously reported, Scorpius Holdings, Inc., a Delaware corporation (the "Company"), entered into a Securities Purchase Agreement (the "Securities Purchase Agreement") dated as of December 5, 2024, pursuant to which loans were provided to the Company by 3i, LP, and Sabby Volatility Warrant Master Fund LTD (the "Secured Parties") and evidenced by certain Senior Secured Convertible Notes issued by the Company on December 6, 2024 to the Secured Parties in the original principal amounts of $12,416,667 and $972,222, respectively (the "Notes") and secured by a Security Agreement (the "Security Agreement") dated as of December 6, 2024 (collectively, the "Loan Documents"). On September 9, 2025, the Company received a notice of default and acceleration letter ("Notice of Default") from the collateral agent (the "Collateral Agent") named in the Security Agreement (the "September 9 Notice") wherein the Collateral Agent, on behalf of the Secured Parties, called a default under the Loan Documents for, among other things, the Company's failure to maintain an effective and available applicable registration statement in accordance with the terms of the Securities Purchase Agreement, the failure of the Company's common stock to remain listed on an Eligible Market (as defined in the Notes) for a period of more than ten (10) consecutive trading days and the failure to make payments to the Secured Parties when and as due under the Notes, and pursuant to the Loan Documents, the Secured Parties accelerated all amounts owed under the Notes in the aggregate amount of $14,994,810.35, due and payable upon receipt of the September 9 Notice. In the Notice of Default, the Collateral Agent and the Secured Parties further reserved all rights to enforce their security interests in and to any and all collateral securing the Notes (the "Collateral") in accordance with

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 15, 2025 SCORPIUS HOLDINGS, INC. By: /s/ Jeffrey Wolf Name: Jeffrey Wolf Title: Chairman, President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR