secwatch.observer — SEC 8-K summary
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Issuer:     SCWorx Corp. (WORX)
CIK:        0001674227
Form:       8-K
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0001013762-23-002717
Event type: regulatory
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

SCWorx implements 1-for-15 reverse stock split to regain Nasdaq minimum bid price compliance
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- Stockholders approved a 1-for-15 reverse stock split on October 6, 2023; effective October 11, 2023.
- Reverse split aims to raise share price above $1.00 to regain compliance with Nasdaq's minimum bid price rule.
- If compliance not regained after split, common stock risks delisting from Nasdaq.
- Also elected directors: Timothy Hannibal, Alton Irby, Steven Horowitz; ratified auditors BF Borgers CPA PC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674227/000101376223002717/0001013762-23-002717-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674227/000101376223002717/ea186555-8k_scworxcorp.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-002717

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer