---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-098568"
form_type: "8-K"
ticker: "WORX"
cik: "0001674227"
company_name: "SCWorx Corp."
filed_at: "2023-12-26T23:59:59+00:00"
generated_at: "2026-06-07T07:22:22.874513+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SCWorx enters reverse merger with American Environmental; AEPT shareholders to own 83% of combined company

## Summary
- SCWorx subsidiary to merge with American Environmental; AEPT will be the surviving entity.
- AEPT shareholders receive 83% of combined co.; SCWorx shareholders get 17% on fully diluted basis.
- Pre-merger capital raise of up to $6M by American Environmental is a condition to closing.
- Combined board: 5 directors – 4 from American Environmental, 1 from SCWorx.
- Expected close Q1 2024; subject to NASDAQ approval, due diligence, equity raise, and shareholder approvals.

## SEC filing metadata
- accession: 0001213900-23-098568
- form_type: 8-K
- ticker: WORX
- cik: 0001674227
- company_name: SCWorx Corp.
- filed_at: 2023-12-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674227/000121390023098568/0001213900-23-098568-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674227/000121390023098568/ea190680-8k_scworxcorp.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-098568
- JSON: https://secwatch.observer/filing/0001213900-23-098568.json
- Plain text: https://secwatch.observer/filing/0001213900-23-098568.txt

## Key facts
- Material Agreements
  SCWorx Corp. entered into Agreement and Plan of Merger with American Environmental Partners, Inc. valued at American Environmental shareholders receive shares of SCWorx common stock equal to 83% of combined c (effective 2023-12-22).
  - Action: entry
  - Agreement: merger
  - Counterparty: American Environmental Partners, Inc.
  - Value: American Environmental shareholders receive shares of SCWorx common stock equal to 83% of combined c
  - Effective: 2023-12-22
  source text: On December 22, 2023, SCWorx entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with American Environmental.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674227/000121390023098568/0001213900-23-098568-index.htm

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