STOCK TITAN

[8-K] SCWorx Corp. Reports Material Event

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(Moderate)
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(Neutral)
Form Type
8-K

SCWorx Corp. (WORX) received a 180-day Nasdaq extension to regain bid-price compliance and now has until April 6, 2026 to meet the $1.00 minimum under Nasdaq Rules 5550(a)(2) and 5810(c)(3)(A). The company will be deemed compliant if its common stock closes at $1.00 or more for at least 10 consecutive business days before that date.

SCWorx states it is monitoring its share price and, if compliance is not regained within the extension, it plans to implement a reverse stock split previously approved by shareholders. If compliance is still not achieved, Nasdaq may issue a delisting notice, which the company could appeal to a hearings panel. The extension has no immediate effect on trading; shares continue on the Nasdaq Capital Market under the symbol WORX.

SCWorx Corp. (WORX) ha ottenuto un'estensione di 180 giorni dalla Nasdaq per tornare a rispettare il criterio del prezzo di offerta e ora ha tempo fino al 6 aprile 2026 per soddisfare il minimo di $1,00 ai sensi delle Nasdaq Rules 5550(a)(2) e 5810(c)(3)(A). L'azienda sarà considerata conforme se il suo prezzo delle azioni ordinarie chiuderà a $1,00 o più per almeno 10 giorni lavorativi consecutivi prima di tale data.

SCWorx dichiara di monitorare il prezzo delle sue azioni e, se la conformità non dovesse essere ripristinata entro l'estensione, prevede di attuare una stock split inversa previamente approvata dagli azionisti. Se la conformità non dovesse essere raggiunta, Nasdaq potrebbe emettere una notifica di delisting, a cui la società potrebbe fare ricorso a una commissione di udienza. L'estensione non ha effetto immediato sul trading; le azioni continuano sul Nasdaq Capital Market con simbolo WORX.

SCWorx Corp. (WORX) recibió una extensión de 180 días de Nasdaq para recuperar el cumplimiento del precio de oferta y ahora tiene hasta el 6 de abril de 2026 para cumplir con el mínimo de $1,00 según Nasdaq Rules 5550(a)(2) y 5810(c)(3)(A). La empresa se considerará conforme si su acción común cierra a $1,00 o más durante al menos 10 días hábiles consecutivos antes de esa fecha.

SCWorx afirma que está monitoreando su precio de las acciones y, si no se recupera el cumplimiento dentro de la extensión, planea implementar una división inversa de acciones previamente aprobada por los accionistas. Si aún no se alcanza la conformidad, Nasdaq puede emitir un aviso de deslistado, contra el cual la empresa podría apelar ante un panel de audiencias. La extensión no tiene efecto inmediato sobre el comercio; las acciones continúan en el Nasdaq Capital Market bajo el símbolo WORX.

SCWorx Corp. (WORX)가 의결가격 준수를 회복하기 위한 나스닥 180일 연장을 받았고 이제 2026년 4월 6일까지 최소 $1.00를 충족해야 합니다. 나스닥 규칙 5550(a)(2) 및 5810(c)(3)(A)에 따라. 해당 날짜 이전에 10거래일 연속으로 주가가 $1.00 이상으로 마감되면 회사는 준수로 간주됩니다.

SCWorx는 주가를 모니터링 중이며, 연장 기간 내에 준수가 회복되지 않으면 주주들이 미리 승인한 역분할(stock split)을 시행할 계획이라고 밝혔습니다. 여전히 준수가 달성되지 않으면 나스닥은 상장폐지 공지를 발행할 수 있으며, 회사는 심리위원회에 항소할 수 있습니다. 연장은 즉시 거래에 영향을 미치지 않으며, WORX 기호로 Nasdaq Capital Market에서 주식이 거래됩니다.

SCWorx Corp. (WORX) a obtenu une extension de 180 jours de Nasdaq pour retrouver le respect du prix d'offre et dispose désormais d'un délai jusqu'au 6 avril 2026 pour atteindre le minimum de 1,00 $ conformément aux Nasdaq Rules 5550(a)(2) et 5810(c)(3)(A). L'entreprise sera considérée comme conforme si son titre ordinaire clôture à 1,00 $ ou plus pendant au moins 10 jours ouvrables consécutifs avant cette date.

SCWorx affirme surveiller le cours de ses actions et, si la conformité n'est pas rétablie dans le cadre de l'extension, elle prévoit de mettre en œuvre une scission inverse des actions préalablement approuvée par les actionnaires. Si la conformité n'est toujours pas atteinte, Nasdaq peut émettre un avis de retrait de cotation, auquel la société pourrait faire appel devant un panel d'audition. L'extension n'a pas d'effet immédiat sur la négociation; les actions restent cotées sur le Nasdaq Capital Market sous le symbole WORX.

SCWorx Corp. (WORX) erhielt eine 180-tägige Nasdaq-Verlängerung, um die Preisfinanzierungskonformität wiederherzustellen und hat nun bis zum 6. April 2026 Zeit, das Mindestniveau von $1,00 gemäß Nasdaq Rules 5550(a)(2) und 5810(c)(3)(A) zu erreichen. Das Unternehmen gilt als konform, wenn sein Stammaktienkurs vor dem genannten Datum an mindestens 10 aufeinanderfolgenden Handelstagen auf $1,00 oder mehr schließt.

SCWorx erklärt, den Aktienkurs zu überwachen und wenn die Konformität nicht innerhalb der Verlängerung wiederhergestellt wird, plant es, einen bereits von den Aktionären genehmigten Reverse Stock Split durchzuführen. Falls die Konformität weiterhin nicht erreicht wird, kann Nasdaq eine Delistingsmitteilung ausstellen, gegen die das Unternehmen vor einem Hearing Panel Berufung einlegen könnte. Die Verlängerung hat keinen unmittelbaren Einfluss auf den Handel; die Aktien bleiben unter dem Symbol WORX im Nasdaq Capital Market gehandelt.

شركة SCWorx (WORX) حصلت على تمديد Nasdaq لمدة 180 يومًا لاستعادة الامتثال لسعر العرض والآن لديها حتى 6 أبريل 2026 لتلبية الحد الأدنى قدره 1.00 دولار وفقًا لقواعد Nasdaq 5550(a)(2) و5810(c)(3)(A). ستعتبر الشركة ممتثلة إذا أغلقت أسهمها العادية عند 1.00 دولار أو أكثر لمدة 10 أيام عمل متتالية قبل هذا التاريخ.

تقول SCWorx إنها تراقب سعر سهمها، وإذا لم يتم استعادة الامتثال خلال التمديد، فستخطط لتنفيذ تقسيم عكسي للأسهم تم الموافقة عليه سابقًا من قبل المساهمين. إذا لم يتحقق الامتثال بعد، قد تصدر Nasdaq إشعار إلغاء الإدراج، وهو ما يمكن للشركة الاستئناف أمام لجنة الاستماع. لا يجوز أن يكون للتمديد أثر فوري على التداول؛ تظل الأسهم مدرجة في Nasdaq Capital Market تحت الرمز WORX.

SCWorx Corp. (WORX) 获得了纳斯达克180天的延期以恢复招标价符合性,现在必须在2026年4月6日之前达到最低1.00美元,符合纳斯达克规则5550(a)(2)和5810(c)(3)(A)。若其普通股在该日期之前连续10个交易日收于1.00美元或以上,即可被视为合规。

SCWorx声明其正在监控股价,如在延期内未能恢复合规,计划执行此前股东批准的反向股票分割。如果仍未达到合规,纳斯达克可能发出退市通知,公司可向听证小组提起上诉。延期对交易没有即时影响;股票仍在纳斯达克资本市场以WORX为代码交易。

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Insights

Nasdaq grants WORX more time; compliance path and fallback set.

SCWorx was granted a 180-day extension to cure its minimum bid price deficiency, moving the deadline to April 6, 2026. Compliance requires a closing bid of $1.00 or more for at least 10 consecutive business days, a standard Nasdaq threshold for regaining listing status.

The company indicates a contingency: a reverse stock split, already approved by shareholders, if compliance is not achieved within the window. This outlines a mechanical path to meet the rule, though execution depends on market pricing or corporate action.

Trading continues on the Nasdaq Capital Market under WORX during the extension. If compliance isn’t restored, Nasdaq may issue a delisting notice, with an appeal option available; actual impact will hinge on price performance or the timing and terms of any split.

SCWorx Corp. (WORX) ha ottenuto un'estensione di 180 giorni dalla Nasdaq per tornare a rispettare il criterio del prezzo di offerta e ora ha tempo fino al 6 aprile 2026 per soddisfare il minimo di $1,00 ai sensi delle Nasdaq Rules 5550(a)(2) e 5810(c)(3)(A). L'azienda sarà considerata conforme se il suo prezzo delle azioni ordinarie chiuderà a $1,00 o più per almeno 10 giorni lavorativi consecutivi prima di tale data.

SCWorx dichiara di monitorare il prezzo delle sue azioni e, se la conformità non dovesse essere ripristinata entro l'estensione, prevede di attuare una stock split inversa previamente approvata dagli azionisti. Se la conformità non dovesse essere raggiunta, Nasdaq potrebbe emettere una notifica di delisting, a cui la società potrebbe fare ricorso a una commissione di udienza. L'estensione non ha effetto immediato sul trading; le azioni continuano sul Nasdaq Capital Market con simbolo WORX.

SCWorx Corp. (WORX) recibió una extensión de 180 días de Nasdaq para recuperar el cumplimiento del precio de oferta y ahora tiene hasta el 6 de abril de 2026 para cumplir con el mínimo de $1,00 según Nasdaq Rules 5550(a)(2) y 5810(c)(3)(A). La empresa se considerará conforme si su acción común cierra a $1,00 o más durante al menos 10 días hábiles consecutivos antes de esa fecha.

SCWorx afirma que está monitoreando su precio de las acciones y, si no se recupera el cumplimiento dentro de la extensión, planea implementar una división inversa de acciones previamente aprobada por los accionistas. Si aún no se alcanza la conformidad, Nasdaq puede emitir un aviso de deslistado, contra el cual la empresa podría apelar ante un panel de audiencias. La extensión no tiene efecto inmediato sobre el comercio; las acciones continúan en el Nasdaq Capital Market bajo el símbolo WORX.

SCWorx Corp. (WORX)가 의결가격 준수를 회복하기 위한 나스닥 180일 연장을 받았고 이제 2026년 4월 6일까지 최소 $1.00를 충족해야 합니다. 나스닥 규칙 5550(a)(2) 및 5810(c)(3)(A)에 따라. 해당 날짜 이전에 10거래일 연속으로 주가가 $1.00 이상으로 마감되면 회사는 준수로 간주됩니다.

SCWorx는 주가를 모니터링 중이며, 연장 기간 내에 준수가 회복되지 않으면 주주들이 미리 승인한 역분할(stock split)을 시행할 계획이라고 밝혔습니다. 여전히 준수가 달성되지 않으면 나스닥은 상장폐지 공지를 발행할 수 있으며, 회사는 심리위원회에 항소할 수 있습니다. 연장은 즉시 거래에 영향을 미치지 않으며, WORX 기호로 Nasdaq Capital Market에서 주식이 거래됩니다.

SCWorx Corp. (WORX) a obtenu une extension de 180 jours de Nasdaq pour retrouver le respect du prix d'offre et dispose désormais d'un délai jusqu'au 6 avril 2026 pour atteindre le minimum de 1,00 $ conformément aux Nasdaq Rules 5550(a)(2) et 5810(c)(3)(A). L'entreprise sera considérée comme conforme si son titre ordinaire clôture à 1,00 $ ou plus pendant au moins 10 jours ouvrables consécutifs avant cette date.

SCWorx affirme surveiller le cours de ses actions et, si la conformité n'est pas rétablie dans le cadre de l'extension, elle prévoit de mettre en œuvre une scission inverse des actions préalablement approuvée par les actionnaires. Si la conformité n'est toujours pas atteinte, Nasdaq peut émettre un avis de retrait de cotation, auquel la société pourrait faire appel devant un panel d'audition. L'extension n'a pas d'effet immédiat sur la négociation; les actions restent cotées sur le Nasdaq Capital Market sous le symbole WORX.

SCWorx Corp. (WORX) erhielt eine 180-tägige Nasdaq-Verlängerung, um die Preisfinanzierungskonformität wiederherzustellen und hat nun bis zum 6. April 2026 Zeit, das Mindestniveau von $1,00 gemäß Nasdaq Rules 5550(a)(2) und 5810(c)(3)(A) zu erreichen. Das Unternehmen gilt als konform, wenn sein Stammaktienkurs vor dem genannten Datum an mindestens 10 aufeinanderfolgenden Handelstagen auf $1,00 oder mehr schließt.

SCWorx erklärt, den Aktienkurs zu überwachen und wenn die Konformität nicht innerhalb der Verlängerung wiederhergestellt wird, plant es, einen bereits von den Aktionären genehmigten Reverse Stock Split durchzuführen. Falls die Konformität weiterhin nicht erreicht wird, kann Nasdaq eine Delistingsmitteilung ausstellen, gegen die das Unternehmen vor einem Hearing Panel Berufung einlegen könnte. Die Verlängerung hat keinen unmittelbaren Einfluss auf den Handel; die Aktien bleiben unter dem Symbol WORX im Nasdaq Capital Market gehandelt.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): October 8, 2025

 

SCWORX CORP.

(Exact name of registrant as specified in its charter)

 

Delaware   001-37899   47-5412331
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

35 Village Rd, Suite 100

Middleton, MA 01949

(Address of Principal Executive Offices)

 

(844) 472-9679

(Registrant’s telephone number)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act: None.

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, par value $0.001 per share   WORX   The Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

As previously reported, on April 16, 2025, Nasdaq notified the Company that based upon the Company’s closing bid price for the last 30 consecutive business days (February 26, 2025 through April 9, 2025), the Company no longer meets the listed securities requirement to maintain minimum bid price of $1 per share pursuant to Nasdaq Rules 5550(a)(2) and 5810(c)(3)(A).

 

On October 8, 2025, the Company received written notification from the Listing Qualifications Department of Nasdaq, granting the Company's request for a 180-day extension to regain compliance with the Bid Price Rule. The Company now has until April 6, 2026 to meet the requirement. If at any time prior to April 6, 2026, the bid price of the Company's ordinary shares closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Company will regain compliance with the Bid Price Rule.

 

The Company is monitoring its Common Stock trading price. If compliance with the minimum bid price requirement is not regained within the 180-day extension period, the Company will implement a reverse stock split as previously approved by its shareholders.

 

If the Company does not regain compliance with the Bid Price Rule during the additional 180-day extension, Nasdaq will provide written notification to the Company that its Common Stock will be delisted. At that time, the Company may appeal the relevant delisting determination to a hearings panel pursuant to the procedures set forth in the applicable Nasdaq Listing Rules. However, there can be no assurance that, if the Company does appeal the delisting determination by Nasdaq to the hearings panel, that such appeal would be successful.

 

Nasdaq's extension notice has no immediate effect on the listing or trading of the Company's Common Stock, which will continue to trade on the Nasdaq Capital Market under the symbol “WORX”.

 

1

 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
104   Cover Page Interactive Data File (formatted as Inline XBRL).

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: October 14, 2025

 

  SCWorx Corp.
     
  By: /s/ Timothy A. Hannibal
  Name: Timothy A. Hannibal
  Title: Chief Executive Officer

 

 

 

3

 

 

FAQ

What did SCWorx (WORX) announce regarding Nasdaq compliance?

It received a 180-day extension to regain compliance with Nasdaq’s $1.00 minimum bid price requirement.

What is the new deadline for WORX to meet the bid price rule?

April 6, 2026.

How can SCWorx regain compliance with Nasdaq’s Bid Price Rule?

Its common stock must close at $1.00 or more for at least 10 consecutive business days before the deadline.

What will SCWorx do if it cannot meet the requirement within the extension?

It plans to implement a reverse stock split, previously approved by shareholders.

What happens if WORX still fails to comply after the extension?

Nasdaq may issue a delisting notice; the company could appeal to a hearings panel.

Does the extension affect current trading of WORX shares?

No. The shares continue to trade on the Nasdaq Capital Market under the symbol WORX.
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