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Scorpius Holdings Issues Promissory Note to Investor

Story Highlights
  • Scorpius Holdings issued a $450,000 promissory note maturing by July 31, 2025.
  • CEO Jeff Wolf guaranteed the note, impacting financial commitments and stakeholder confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Scorpius Holdings Issues Promissory Note to Investor

Confident Investing Starts Here:

The latest update is out from Scorpius Holdings ( (SCPX) ).

On May 15, 2025, Scorpius Holdings, Inc. issued a non-convertible promissory note valued at $450,000 to an institutional investor. The note, which accrues interest at 5% per annum, is set to mature by July 31, 2025, or upon a corporate event or default. The issuance was exempt from registration under the Securities Act of 1933. CEO Jeff Wolf provided a personal guaranty for the note, ensuring payment obligations are met by December 31, 2028, which could impact the company’s financial commitments and stakeholder confidence.

The most recent analyst rating on (SCPX) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Scorpius Holdings stock, see the SCPX Stock Forecast page.

Spark’s Take on SCPX Stock

According to Spark, TipRanks’ AI Analyst, SCPX is a Underperform.

Scorpius Holdings is facing severe financial challenges, including negative income, high debt, and poor cash flow management. The technical analysis reflects a strong bearish trend, further undermining investor confidence. Recent corporate events, including delisting from NYSE, add to the negative outlook, although the board expansion offers a minor positive. Overall, the stock is in need of significant financial restructuring to improve its standing.

To see Spark’s full report on SCPX stock, click here.

More about Scorpius Holdings

Average Trading Volume: 558,161

Technical Sentiment Signal: Sell

Current Market Cap: $529.6K

For detailed information about SCPX stock, go to TipRanks’ Stock Analysis page.

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