Scorpius Holdings, Inc. issued three non-convertible secured promissory notes to 3i, L.P. on February 12 ($30,426.95), February 26 ($190,907.77), and March 11, 2026 ($27,109.10), each accruing 5.0% interest per annum, maturing in August/September 2026 or earlier upon corporate event or default, with a 15% premium on payments. The notes include customary events of default and holder redemption rights upon subsequent financings.