{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-005655","form_type":"8-K","ticker":"WORX","cik":"0001674227","company_name":"SCWorx Corp.","filed_at":"2025-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.397234+00:00","generated_at":"2026-05-27T14:38:23.391924+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"SCWorx raises $1.5M via secured convertible notes and warrants","bullets":["Issued $1.5M senior secured convertible notes (10% interest, maturity Jan 21, 2027) to accredited investors.","Warrants for up to 7.2M shares: Series A at $1.25, Series B/C at $1.375, exercisable for 5 years.","Notes secured by first-priority lien on substantially all assets; full-ratchet anti-dilution on conversion price.","Proceeds for operating expenses and working capital; company previously missed registration deadline, incurring penalties.","Shareholder approval required under Nasdaq Rule 5635 for warrant share issuance beyond 4.5M previously authorized."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-005655","json":"https://secwatch.observer/filing/0001213900-25-005655.json","markdown":"https://secwatch.observer/filing/0001213900-25-005655.md","text":"https://secwatch.observer/filing/0001213900-25-005655.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674227/000121390025005655/0001213900-25-005655-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674227/000121390025005655/ea0228451-8k_scworx.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T14:38:23.391924+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}