other material
confidence high
sentiment negative
materiality 0.80
SCWorx shareholders approve 8 proposals including massive authorized share increase to 155M
SCWorx Corp.
- Shareholders approved increase in authorized shares from 50M to 155M (150M common, 5M preferred).
- All director nominees elected: Hannibal, Kirchenbauer, Matozzo, Burke – over 2M votes each.
- Approval granted for issuance of shares upon warrants from Jan 2025 SPA and Sept 2025 inducement, plus future notes/warrants.
- Advisory say-on-pay, ratification of auditor Astra Audit, and 2025 Equity Plan all passed.
- Company filed amendment to certificate of incorporation on Dec 10, 2025.