---
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"
generated_at: "2026-05-27T14:38:23.391924+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SCWorx raises $1.5M via secured convertible notes and warrants

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-005655
- JSON: https://secwatch.observer/filing/0001213900-25-005655.json
- Plain text: https://secwatch.observer/filing/0001213900-25-005655.txt

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