secwatch.observer — SEC 8-K summary
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Issuer:     SCWorx Corp. (WORX)
CIK:        0001674227
Form:       8-K
Filed at:   2022-06-13T23:59:59+00:00
Accession:  0001213900-22-032298
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

SCWorx receives Nasdaq notice of non-compliance with $1 minimum bid price
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- Nasdaq notified SCWorx on June 8, 2022 that its closing bid price was below $1 for 30 consecutive business days, violating Rule 5550(a)(2).
- Company has 180 calendar days (until Dec 5, 2022) to regain compliance by having bid price >=$1 for 10 consecutive business days.
- If not compliant by Dec 5, SCWorx may be eligible for an additional 180 days if it meets other listing standards and notifies intent to cure.
- Failure to cure the deficiency may result in delisting from the Nasdaq Capital Market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674227/000121390022032298/0001213900-22-032298-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674227/000121390022032298/ea161451-8k_scworx.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-032298

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