SCWorx extends promissory note maturity to June 14; faces $502K arbitration judgment

SCWorx Corp.

Note $330K face ($300K cash), 5% interest, secured; maturity extended repeatedly from May 10 to June 14, 2024.
Arbitration award of ~$462K to vendor; judgment obtained for ~$502K including interest.
Company intends to satisfy judgment with capital raised or common stock.
Vendor agreed not to enforce judgment until June 13, 2024.

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