---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-055090"
form_type: "8-K"
ticker: "WORX"
cik: "0001674227"
company_name: "SCWorx Corp."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:29:10.205864+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SCWorx extends promissory note to June 28; plans stock settlement of $502K arbitration award

## Summary
- Promissory note amended weekly; latest maturity June 28, 2024; original $330K face ($300K cash), 5% interest, secured by all assets.
- Arbitration award of ~$502K due to vendor; judgment enforceable since June 13, but company expects stock-based settlement.
- Plans definitive agreement to issue common shares to satisfy judgment; vendor not expected to enforce pending settlement.

## SEC filing metadata
- accession: 0001213900-24-055090
- form_type: 8-K
- ticker: WORX
- cik: 0001674227
- company_name: SCWorx Corp.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674227/000121390024055090/0001213900-24-055090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674227/000121390024055090/ea0208367-8k_scworx.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-055090
- JSON: https://secwatch.observer/filing/0001213900-24-055090.json
- Plain text: https://secwatch.observer/filing/0001213900-24-055090.txt

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