SCWorx faces Nasdaq delisting; seeks panel reconsideration after completing share offering

SCWorx Corp.

Nasdaq Hearings Panel decided to delist WORX on 9/17/2026; company filed reconsideration on 9/18.
Private placement of 350k shares closed 9/16; company now believes >500k publicly held shares, curing deficiency.
Must show $1.00 bid for 10 consecutive days by Oct 5, 2026 to also cure Bid Price Rule.
Purchasers' termination right extended to Oct 15; if exercised, refund $938k and cancel shares/warrants.
Common stock continues quoted on OTCQB under WORX; delisting if no compliance.

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