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

Issuer:     SCWorx Corp. (WORX)
CIK:        0001674227
Form:       8-K
Filed at:   2025-10-14T23:59:59+00:00
Accession:  0001213900-25-098465
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SCWorx receives 180-day Nasdaq extension to regain $1 bid price compliance
--------------------------------------------------------------------------

- Nasdaq granted 180-day extension to April 6, 2026 to regain minimum $1 bid price compliance; previously notified April 16, 2025.
- To regain compliance, WORX common stock must close at $1.00 or more for 10 consecutive business days.
- If compliance not achieved by April 6, 2026, Nasdaq will delist WORX; company may appeal or implement reverse stock split.
- Shareholders have previously approved a reverse stock split as a potential remedy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674227/000121390025098465/0001213900-25-098465-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674227/000121390025098465/ea0261013-8k_scworx.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-098465

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