SCWorx Granted 180-Day Nasdaq Extension to Regain $1 Minimum Bid Price Compliance
SCWorx Corporation has received a 180-day extension from Nasdaq to regain compliance with the minimum $1.00 per share bid price requirement for continued listing on the Nasdaq Capital Market. The company must achieve a closing bid price of at least $1.00 for 10 consecutive business days by April 6, 2026. If compliance is not met, SCWorx plans to implement a reverse stock split, as previously approved by shareholders. The stock will continue trading under the symbol "WORX" during this period.
SCWorx Corporation announced that it has received a notice from Nasdaq indicating the company no longer meets the minimum $1.00 per share bid price requirement for continued listing on the Nasdaq Capital Market. Nasdaq has granted SCWorx a 180-day extension, until April 6, 2026, to regain compliance. The company must achieve a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days during this period. If compliance is not met, SCWorx plans to implement a reverse stock split, as previously approved by shareholders, to address the deficiency. The company’s stock will continue trading under the symbol “WORX” while it works to resolve the issue. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SCWorx Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-098465), on October 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
