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Scorpius Holdings Updates Executive Employment Agreements

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Scorpius Holdings Updates Executive Employment Agreements

Scorpius Holdings ( (SCPX) ) has shared an update.

On March 18, 2025, Scorpius Holdings, Inc. made amendments to employment agreements with key executives Jeffrey Wolf and William Ostrander. The Wolf Amendment allows Mr. Wolf to work remotely following the closure of the Durham office. The Ostrander Amendment extends Mr. Ostrander’s employment term to January 1, 2028, and outlines conditions for termination, including compensation and benefits in the event of termination without Just Cause or for Good Reason. These amendments reflect Scorpius Holdings’ adaptation to remote work and provide clarity on executive compensation and benefits, potentially impacting the company’s operational flexibility and employee relations.

More about Scorpius Holdings

YTD Price Performance: -52.94%

Average Trading Volume: 2,749,635

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $894.2K

Find detailed analytics on SCPX stock on TipRanks’ Stock Analysis page.

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