secwatch.observer — SEC 8-K summary
======================================

Issuer:     SCWorx Corp. (WORX)
CIK:        0001674227
Form:       8-K
Filed at:   2025-04-16T23:59:59+00:00
Accession:  0001213900-25-032386
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

SCWorx Corp receives Nasdaq delisting notice for bid price below $1
-------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674227/000121390025032386/0001213900-25-032386-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674227/000121390025032386/ea0238530-8k_scworxcorp.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-032386

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer