SCWorx enters LOI for reverse merger with American Environmental; arbitration award of $462K

SCWorx Corp.

SCWorx and American Environmental (OTC:AEPT) sign LOI for reverse merger; SCWorx shareholders to retain 17% after $6M capital raise by AEPT.
Proposed transaction expected to close Q1 2024, subject to NASDAQ listing approval, due diligence, definitive agreement, audit, and shareholder approvals.
AAA arbitrator awards Core IR $461,856.15 against SCWorx; payment due within 30 days; SCWorx evaluating legal options.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.