Scorpius Holdings Secures $471,000 Promissory Note Financing at 5% Interest

Reuters

11/18

Scorpius Holdings Secures $471,000 Promissory Note Financing at 5% Interest

Scorpius Holdings Inc. has entered into a new financing agreement with an institutional investor, issuing a non-convertible promissory note in the principal amount of $471,000. The note, dated October 14, 2025, carries an annual interest rate of 5.0% and matures on the earlier of April 14, 2026, the occurrence of a defined corporate event, or an event of default. Upon maturity or redemption, Scorpius Holdings is required to pay a 15% premium on the principal. The agreement includes customary default provisions and allows the noteholder to require full redemption from proceeds if the company secures subsequent financing while the note is outstanding. Similar terms apply to additional notes issued by the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scorpius Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-25-001789), on November 17, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/SCPXD\">Scorpius Holdings Inc.</a> published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-25-001789), on November 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SCPX","symbol_name":"Scorpius Holdings Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251117:nNDL2Qd1M0:1","article_id":"2584672961","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584672961","pubTimestamp":1763416656,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Scorpius Holdings Inc. has entered into a new financing agreement with an institutional investor, issuing a non-convertible promissory note in the principal amount of $471,000. 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