On March 19, 2026, Scorpius Holdings, Inc. filed an 8-K report detailing the issuance of three non-convertible promissory notes to an institutional investor, totaling $248,443.82. The first note, issued on February 12, 2026, amounts to $30,426.95, with a 5.0% annual interest rate and a maturity date of August 12, 2026. The second note, dated February 26, 2026, is for $190,907.77, also at a 5.0% interest rate, maturing on August 26, 2026. The third note, issued on March 11, 2026, is for $27,109.10, with similar terms and a maturity date of September 11, 2026. Each note includes a premium payment of 15% of the principal upon maturity or redemption. The notes contain customary events of default, including failure to pay debts exceeding $150,000. The issuance of these notes is expected to enhance the company's liquidity position, although it may lead to dilution concerns due to the potential for future financing requirements.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.