---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-005511"
form_type: "8-K"
ticker: "WORX"
cik: "0001674227"
company_name: "SCWorx Corp."
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:39:01.986137+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001013762-23-005511
- form_type: 8-K
- ticker: WORX
- cik: 0001674227
- company_name: SCWorx Corp.
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674227/000101376223005511/0001013762-23-005511-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674227/000101376223005511/ea187086-8k_scworxcorp.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-005511
- JSON: https://secwatch.observer/filing/0001013762-23-005511.json
- Plain text: https://secwatch.observer/filing/0001013762-23-005511.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.