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

Issuer:     SCWorx Corp. (WORX)
CIK:        0001674227
Form:       8-K
Filed at:   2026-04-10T23:59:59+00:00
Accession:  0001213900-26-042594
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

SCWorx receives Nasdaq delisting notice; effects 1-for-15 reverse stock split
-----------------------------------------------------------------------------

- Nasdaq notified SCWorx on April 7, 2026, of delisting for failing to maintain $1 minimum bid price; trading suspended April 14, 2026.
- Company filed an appeal of the delisting determination to a Nasdaq hearings panel.
- SCWorx effected a 1-for-15 reverse stock split on April 10, 2026, to try to regain compliance; must trade at $1 for 10 consecutive days.
- No assurance of regaining compliance or success of appeal; delisting could have adverse effects on the company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674227/000121390026042594/0001213900-26-042594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674227/000121390026042594/ea0285903-8k_scworx.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-042594

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