Highest-materiality recent filing
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.
SCWorx implements 1-for-15 reverse stock split to meet Nasdaq $1.00 minimum bid price rule
Certificates amended to effect 1-for-15 reverse split; effective at open on April 10, 2026.
SCWorx shareholders approve 8 proposals including massive authorized share increase to 155M
Shareholders approved increase in authorized shares from 50M to 155M (150M common, 5M preferred).
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.
SCWorx raises ~$722k via warrant exercise inducement; issues new warrants for 4.13M shares
Existing warrant holders exercised 2,064,000 shares at $0.3496, generating gross proceeds of ~$721,574.
SCWorx Corp receives Nasdaq delisting notice for bid price below $1
Nasdaq notified SCWorx on April 10, 2025 that bid price below $1 for 30 consecutive days violates Nasdaq Rule 5550(a)(2).
SCWorx raises $1.5M via secured convertible notes and warrants
Issued $1.5M senior secured convertible notes (10% interest, maturity Jan 21, 2027) to accredited investors.
SCWorx shareholders approve reverse stock split authorization up to 1:15
All 8 proposals passed at Dec 23, 2024 annual meeting; directors elected with >90% support.
SCWorx receives Nasdaq delisting notice for missed Q2 2024 10-Q; extension to Oct 14
Nasdaq notified SCWorx on Aug 19, 2024 of non-compliance with Listing Rule 5250(c)(1) for failure to file Q2 2024 10-Q.
Aggregate $1,155,000 principal in senior secured convertible notes sold to accredited investors; initial conversion price $1.43/share.
Promissory note of $330K face ($300K cash), 5% interest, secured by all assets, maturity extended weekly to July 12, 2024.
SCWorx extends promissory note maturity to June 14; faces $502K arbitration judgment
Note $330K face ($300K cash), 5% interest, secured; maturity extended repeatedly from May 10 to June 14, 2024.
SCWorx extends promissory note maturity to May 31 after repeated short extensions
Note originally issued April 12, 2024 for $330,000 face, net proceeds $300,000 after $30,000 OID.
SCWorx receives Nasdaq delisting notice, appoints new auditor, extends debt maturity
Nasdaq notified SCWorx of non-compliance with Listing Rule 5250(c)(1) due to failure to file 10-Q and 10-K.
On May 7, 2024, board terminated BF Borgers as auditor after SEC barred them from practicing on May 3, 2024.
Mr Kirchenbauer was appointed Chairman of the board, to serve in such capacity until the next annual meeting of shareholders.
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”).
On October 31, 2024, Michael Burke and Troy Kirchenbauer were appointed to the Board of Directors of SCWorx, Corp., a Delaware corporation.
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”).
Max materiality 0.85 · Median 0.70 · Most common event other_material