secwatch.observer — SEC 8-K summary
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Issuer:     SCWorx Corp. (WORX)
CIK:        0001674227
Form:       8-K
Filed at:   2022-09-06T23:59:59+00:00
Accession:  0001213900-22-054001
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674227/000121390022054001/0001213900-22-054001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674227/000121390022054001/ea165347-8k_scworxcorp.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-054001

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