---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-045532"
form_type: "8-K"
ticker: "WORX"
cik: "0001674227"
company_name: "SCWorx Corp."
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T11:07:24.931355+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SCWorx receives Nasdaq delisting notice, appoints new auditor, extends debt maturity

## Summary
- Nasdaq notified SCWorx of non-compliance with Listing Rule 5250(c)(1) due to failure to file 10-Q and 10-K.
- Company dismissed BF Borgers as auditor after SEC order; appointed Astra Audit and Advisory on May 16.
- Promissory note of $330,000 extended to May 24, 2024; $30K original issue discount, 5% interest.
- Arbitration award judgment of ~$502K obtained by vendor; vendor agreed not to enforce until June 3.
- Company expects to file delinquent reports within 60 days but provides no assurance.

## SEC filing metadata
- accession: 0001213900-24-045532
- form_type: 8-K
- ticker: WORX
- cik: 0001674227
- company_name: SCWorx Corp.
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.01, 4.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674227/000121390024045532/0001213900-24-045532-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674227/000121390024045532/ea0206622-8k_scworx.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-045532
- JSON: https://secwatch.observer/filing/0001213900-24-045532.json
- Plain text: https://secwatch.observer/filing/0001213900-24-045532.txt

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