SCWorx Corp. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).
“April 7, 2026, Nasdaq notified the Company that, because it failed to regain compliance with Nasdaq’s minimum bid price requirement of $1 per share pursuant to Nasdaq Rule 5550(a)(2), its securities will be delisted from the Capital Market. Consequently, trading of the Company’s common stock will be suspended at the opening of business on April 14, 2026, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. The Company has filed an appeal of the Nasdaq Staff’s”
Listing & Compliance Notices
SCWorx Corp. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“October 8, 2025, the Company received written notification from the Listing Qualifications Department of Nasdaq, granting the Company's request for a 180-day extension to regain compliance with the Bid Price Rule. The Company now has until April 6, 2026 to meet the requirement. If at any time prior to April 6, 2026, the bid price of the Company's ordinary shares closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Company will regain compliance with the Bid Price Rule. The Company is monitoring its Common Stock trading price. If compliance with the minimum bid p”
Equity Issuances
SCWorx Corp. issued New Warrants to purchase an aggregate of 4,128,000 shares of Common Stock of warrant to the Holders.
“the Company agreed to issue new unregistered Warrants (the “New Warrants”) to purchase an aggregate of 4,128,000 shares of Common Stock”
Equity Issuances
SCWorx Corp. issued 2,064,000 shares of Common Stock of common stock to the Holders for $0.3496 per share, aggregate gross proceeds of approximately $721,574.
“to the Inducement Agreements, the Holders agreed to exercise for cash Existing Warrants to purchase up to an aggregate 2,064,000 shares of Common Stock at an exercise price of $0.3496 per share during the period from the date of the Inducement Agreement until 4:00 p.m., Eastern Time, on September 18 2025. Pursuant to the exercise of the Existing Warrants in”
Listing & Compliance Notices
SCWorx Corp. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“April 10, 2025, Nasdaq notified the Company that based upon the Company’s closing bid price for the last 30 consecutive business days (February 26, 2025 through April 9, 2025), the Company no longer meets the listed securities requirement to maintain a minimum bid price of $1 per share pursuant to Nasdaq Rules 5550(a)(2) and 5810(c)(3)(A). However, the Nasdaq Rules provide a compliance period of 180 calendar days, through October 7, 2025, in which to regain compliance. Nasdaq has advised us that, under the Nasdaq Rules, if at any time during this 180 day period the closing bid price of the Com”
Troy Kirchenbauer was appointed as Chairman of the Board at SCWorx Corp..
“Mr Kirchenbauer was appointed Chairman of the board, to serve in such capacity until the next annual meeting of shareholders.”
Michael Burke was appointed as Director at SCWorx Corp..
“On October 31, 2024, Michael Burke and Troy Kirchenbauer were appointed to the Board of Directors of SCWorx, Corp., a Delaware corporation.”
Steven Horowitz resigned as Director at SCWorx Corp..
“On October 31, 2024, Alton Irby and Steven Horowitz, resigned from the Board of Directors and from their positions as members of the Audit, Compensation and Nominating and Corporate Committees of SCWorx Corp (the “Company”).”
Alton Irby resigned as Director at SCWorx Corp..
“On October 31, 2024, Alton Irby and Steven Horowitz, resigned from the Board of Directors and from their positions as members of the Audit, Compensation and Nominating and Corporate Committees of SCWorx Corp (the “Company”).”
Material Agreements
SCWorx Corp. amended Note with holder of the Note (effective 2024-05-10).
“On May 10, 2024, the Registrant and the holder of the Note amended and restated the Note to extend the maturity date until May 17, 2024.”
Auditor Changes
SCWorx Corp. dismissed BF Borgers CPA PC as its auditor.
“On May 7, 2024, the board of directors of the SCWorx Corp. (the “Registrant” or “Company”) terminated BF Borgers as the Registrant’s independent registered public accounting firm.”
Listing & Compliance Notices
SCWorx Corp. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“April 17, 2024, the Nasdaq Stock Market notified the Registrant that it has failed to satisfy a a standard for continued listing, namely Nasdaq Listing Rule 5250(c)(1), because the Registrant did not file its Annual Report on Form 10-K by the extended due date of April 15, 2024. The Registrant is working with its independent registered public accounting firm to complete the audit of its financial statements as expeditiously as possible, following which the Registrant will promptly file its Annual Report on Form 10-K. The Registrant intends to notify the Nasdaq of this plan to rectify the exist”
Material Agreements
SCWorx Corp. terminated Agreement and Plan of Merger with American Environmental (effective 2024-03-26).
“CWorx entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with American Environmental. The material”
Material Agreements
SCWorx Corp. entered into Agreement and Plan of Merger with American Environmental Partners, Inc. valued at American Environmental shareholders receive shares of SCWorx common stock equal to 83% of combined c (effective 2023-12-22).
“On December 22, 2023, SCWorx entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with American Environmental.”
Shareholder Votes
SCWorx Corp. shareholders approved To ratify the selection of BF Borgers CPA PC as the Company's independent auditors for the year ended December 31, 2023 at the 2023-10-06 meeting.
“Proposal No. 4 –To ratify the selection of BF Borgers CPA PC as the Company’s independent auditors for the year ended December 31, 2023. For Against Abstain/Withheld Broker Non-Votes 7,484,828 611,050 39,854”
Shareholder Votes
SCWorx Corp. shareholders approved To consider and vote, on a non-binding, advisory basis, upon the compensation of those of our executive officers listed in the Summary Compensation Table appearing in the proxy statement, or our named executive officers, as disclosed in the proxy statement pursuant to Item 402 of Regulation S-K at the 2023-10-06 meeting.
“Proposal No. 3 — To consider and vote, on a non-binding, advisory basis, upon the compensation of those of our executive officers listed in the Summary Compensation Table appearing in the proxy statement, or our named executive officers, as disclosed in the proxy statement pursuant to Item 402 of Regulation S-K For Against Abstain/Withheld Broker Non-Votes 1,812,492 331,754 203,944 5,787,542”
Shareholder Votes
SCWorx Corp. shareholders approved To effect a reverse stock split of the Company's common stock at the 2023-10-06 meeting.
“Proposal No. 2 –To effect a reverse stock split of the Company’s common stock. For Against Abstain/Withheld Broker Non-Votes 7,274,410 854,550 6,772”
Shareholder Votes
SCWorx Corp. shareholders approved Election of Directors at the 2023-10-06 meeting.
“Proposal No. 1 — Election of Directors . The stockholders elected the following individuals as directors of the Company to hold office until the next annual meeting of stockholders and until their successors have been duly elected and qualified. Each nominee received the following votes: Director Name For Withheld Broker Non-Votes Timothy A. Hannibal 2,050,503 297,687 Alton Irby 1,969,378 378,812 Steven Horowitz 1,988,994 359,196 5,787,542 No votes were cast "against" any nominee.”
John Ferrara resigned as independent director at SCWorx Corp..
“On August 18, 2023, the board of directors (the “Board of Directors”) of SCWorx Corp. (the “Company”) received the resignation of John Ferrara, as an independent, outside director of the Company.”
Vincent M. Matozzo was appointed as independent director at SCWorx Corp..
“On August 17, 2023, the Board of Directors appointed Vincent M. Matozzo, an individual, as an independent member of the Board of Directors, effective immediately,”
Material Agreements
SCWorx Corp. entered into Settlement Agreement with Daniel Yannes, individually and on behalf of all others similarly situated valued at $600,000 worth of common stock (effective 2021-12-20).
“On December 20, 2021, the Company and Mr. Schessel entered into a binding agreement with the Plaintiff to settle the litigation.”
Shareholder Votes
SCWorx Corp. shareholders approved Ratify the selection of BF Borgers CPA PC as independent auditors for fiscal year 2022 at the 2022-12-22 meeting.
“Proposal No. 2 –To ratify the selection of BF Borgers CPA PC as the Company’s independent auditors for the year ended December 31 2022. For Against Abstain Broker Non-Votes 7,204,933 91,111 12,783”
Shareholder Votes
SCWorx Corp. shareholders approved Election of Directors at the 2022-12-22 meeting.
“Proposal No. 1 — Election of Directors . The stockholders elected the following individuals as directors of the Company to hold office until the next annual meeting of stockholders and until their successors shall have been duly elected and qualified. Each nominee received the following votes: Director Name For Withheld Broker Non-Votes Timothy A. Hannibal 2,785,186 323,214 Alton Irby 2,921,580 186,820 John Ferrara 2,779,354 329,046 Steven Horowitz 2,857,914 250,486 4,200,427”
Listing & Compliance Notices
SCWorx Corp. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“December 6, 2022, the Company received written notification from the Listing Qualifications Department of Nasdaq, granting the Company's request for a 180-day extension to regain compliance with the Bid Price Rule. The Company now has until June 5, 2023 to meet the requirement. If at any time prior to June 5, 2023, the bid price of the Company's ordinary shares closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Company will regain compliance with the Bid Price Rule. If the Company does not regain compliance with the Bid Price Rule during the additional 180-day”
Alton Irby was appointed as Chairman of the Board at SCWorx Corp..
“Alton Irby was appointed Chairman of the board, to serve in such capacity until the next annual meeting of shareholders.”
Steve Horowitz was appointed as Director at SCWorx Corp..
“On August 11, 2021, John Ferrara and Steve Horowitz were appointed to the Board of Directors of SCWorx, Corp., a Delaware corporation (the "Company").”
John Ferrara was appointed as Director at SCWorx Corp..
“On August 11, 2021, John Ferrara and Steve Horowitz were appointed to the Board of Directors of SCWorx, Corp., a Delaware corporation (the "Company").”
Mark D. Shefts resigned as Chairman of the Board at SCWorx Corp..
“Effective June 25, 2021, Mark D. Shefts resigned as a director of SCWorx, Corp., a Delaware corporation, including his positions as Chairman of the Board and Audit Committee and member of the Compensation and Nominating Committees.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.