Scorpius Holdings, Inc. announced that it has entered into a note purchase agreement for a private placement of a non-convertible promissory note in the aggregate principal amount of $750,000 with new lender, Elusys Holdings Inc. on May 1, 2024. The note carry an interest rate of 1% per annum and will mature on July 1, 2024. The Note was offered and sold in a transaction exempt from registration under the Securities Act of 1933, as amended, in reliance on Section 4(a)(2) thereof and/or Rule 506(b) of Regulation D thereunder.