SCWorx Corp. (WORX): Nasdaq/NYSE listing notice — SCWorx Corp receives Nasdaq delisting notice for bid price below $1

SCWorx Corp.

Nasdaq notified SCWorx on April 10, 2025 that bid price below $1 for 30 consecutive days violates Nasdaq Rule 5550(a)(2).
Company has 180-day compliance period ending October 7, 2025 to regain minimum bid price.
To regain compliance, closing bid must be at least $1 for 10 consecutive business days.
If compliance not regained, company plans to implement a reverse stock split previously approved by shareholders.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 1.0

SCWorx Corp. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

April 10, 2025, Nasdaq notified the Company that based upon the Company’s closing bid price for the last 30 consecutive business days (February 26, 2025 through April 9, 2025), the Company no longer meets the listed securities requirement to maintain a minimum bid price of $1 per share pursuant to Nasdaq Rules 5550(a)(2) and 5810(c)(3)(A). However, the Nasdaq Rules provide a compliance period of 180 calendar days, through October 7, 2025, in which to regain compliance. Nasdaq has advised us that, under the Nasdaq Rules, if at any time during this 180 day period the closing bid price of the Com

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SCWorx Corp. filing history →

Source: SEC EDGAR

accession 0001213900-25-032386

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