SCWorx seeks Nasdaq delisting reversal after offering cures publicly held shares shortfall
WORX•Private placement and appeal request
A Sept. 16, 2026 private placement issued 449,860 shares; management believes the float deficiency is cured.
A request for the Nasdaq Hearings Panel to reconsider the delisting decision is pending, citing a mistake of material fact.
To regain bid-price compliance, the stock must close at or above $1 for 10 straight sessions by Oct. 5, 2026.
Nasdaq delisting decision and float shortfall
SCWorx faces a Nasdaq delisting decision issued Sept. 17, 2026; shares remain quoted on the OTCQB Venture Market as WORX.
Nasdaq flagged noncompliance with the 500,000 publicly held shares minimum following an Aug. 3, 2026 1-for-12 reverse split.
