SCWorx raises $750k through issuance of 1,153,847 common shares at $0.65/share

SCWorx Corp.

Issued 1,153,847 common shares at $0.65 per share to accredited investors on Sept 1, 2022.
Gross proceeds of $750,000; net proceeds for working capital and general corporate purposes.
Shares issued under Section 4(a)(2) and Rule 506(b) exemption from registration.
Purchase agreement contemplates up to $1.5M total investment; initial closing at $750k.
Shares represent roughly 16.4% of fully diluted common stock post-closing.

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