# SCWorx Corp. (WORX) — delisting [announced]
Source: SEC API (secapi.ai) · situation sit_39ec12648a419ca4c162 · retrieved 2026-08-11T16:12:47.816Z

## Overview
SCWorx Corp. is a computer processing and data preparation services company.

SCWorx Corp. filed a Certificate of Amendment on July 28, 2026, implementing a 1-for-12 reverse stock split of its common stock, effective at 11:59 p.m. Eastern Time on August 3, 2026. The reverse split will automatically combine every twelve outstanding shares into one share. As of July 28, 2026, the Company had 1,066,918 shares outstanding and expects approximately 89,000 shares post-split. The Company is executing the reverse split to satisfy conditions imposed by the Nasdaq Hearings Panel and regain compliance with the minimum bid price requirement of Nasdaq Listing Rule 5550(a)(2), which requires the closing bid price to reach at least $1.00 per share for twenty consecutive trading days by August 28, 2026.

## Terms
- Counterparty: Nasdaq

## Key dates
- Announced 2026-07-28 · Expiry 2027-01-20

## Timeline
- 2026-07-28 · 8-K (0001213900-26-082399): 8-K - SCWorx Corp. — *SCWorx Corp. is a computer processing and data preparation services company.* By letter dated July 24, 2026, Nasdaq notified SCWorx Corp. that its Market Value of Publicly Held Shares (MVPHS) fell below the required minimum of $1,000,000 during the 30 consecutive business days from June 10, 2026 to July 23, 2026, violating Nasdaq Listing Rule 5550(a)(5). The company has a 180-calendar-day compliance period through January 20, 2027 to regain compliance. If the MVPHS reaches at least $1,000,000 for a minimum of ten consecutive business days during this period, Nasdaq will provide written confirmation and close the matter, though Nasdaq may require compliance for up to twenty consecutive business days.
  https://www.sec.gov/Archives/edgar/data/1674227/0001213900-26-082399.txt
- 2026-07-30 · 8-K (0001213900-26-083096): 8-K - SCWorx Corp. — *SCWorx Corp. is a computer processing and data preparation services company.* SCWorx Corp. filed a Certificate of Amendment on July 28, 2026, implementing a 1-for-12 reverse stock split of its common stock, effective at 11:59 p.m. Eastern Time on August 3, 2026. The reverse split will automatically combine every twelve outstanding shares into one share. As of July 28, 2026, the Company had 1,066,918 shares outstanding and expects approximately 89,000 shares post-split. The Company is executing the reverse split to satisfy conditions imposed by the Nasdaq Hearings Panel and regain compliance with the minimum bid price requirement of Nasdaq Listing Rule 5550(a)(2), which requires the closing bid price to reach at least $1.00 per share for twenty consecutive trading days by August 28, 2026.
  https://www.sec.gov/Archives/edgar/data/1674227/0001213900-26-083096.txt

## Citations
- 0001213900-26-082399 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026082399
- 0001213900-26-083096 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026083096