Welcome to our dedicated page for Scworx news (Ticker: WORX), a resource for investors and traders seeking the latest updates and insights on Scworx stock.
SCWorx Corp. reports developments around its software-as-a-service data management platform for healthcare providers. Company news commonly covers customer agreements, partner-led sales channels, Workday ERP data readiness projects, data cleanse and normalization work, master data governance, interoperability, and healthcare supply chain analytics.
Updates also address renewals with healthcare partners, expansion of solution modules such as Virtual Item Master, contract management, automated rebate management, Virtual General Ledger, and data analytics, as well as corporate matters including technology leadership and Nasdaq listing-compliance actions.
SCWorx (Nasdaq: WORX) announced that it received a partial compliance letter from the Nasdaq Hearings Panel, confirming completion of the first benchmark in its plan to regain full compliance for continued listing on the Nasdaq Capital Market. Under the Panel’s decision, SCWorx must still achieve a minimum closing bid price of $1.00 per share for at least 20 consecutive trading days, as required by Nasdaq Listing Rule 5815(c)(4). The company must promptly inform Nasdaq of any material changes to its compliance plan or circumstances affecting its ability to meet the exception’s conditions, and the Panel has reserved the right to reconsider the exception terms. SCWorx’s CEO stated that maintaining the Nasdaq listing is a strategic priority and that the company intends to take all actions necessary to satisfy the Panel’s conditions and update investors on its progress.
SCWorx (WORX) announced deployment of its AI-assisted Data Management Model for healthcare supply chain data. The platform integrates commercially available large language models, including Anthropic models, with SCWorx’s proprietary healthcare product databases, attribute catalog, UNSPSC-based classification and human QA.
The model targets faster data cleansing, enrichment, classification and governance, aiming to improve attribute recognition, consistency, workflow automation, and internal productivity while supporting hospitals, distributors and ERP platforms with more accurate and actionable supply chain information.
SCWorx (NASDAQ: WORX) announced a new agreement with a prominent not-for-profit teaching hospital in Florida to provide healthcare data management and normalization services supporting the hospital’s Workday ERP implementation.
SCWorx will cleanse, standardize, enrich, and optimize item master and supply chain data, expanding its healthcare customer portfolio.
SCWorx (Nasdaq: WORX) received a Nasdaq Hearings Panel decision allowing its listing to continue, subject to strict compliance conditions after a trading suspension on April 14, 2026 for failing the $1.00 minimum bid price rule.
Conditions include shareholder approval of a reverse stock split by July 22, 2026, effecting the split by August 3, 2026, and regaining a closing bid ≥ $1.00 for at least 20 consecutive trading days by August 28, 2026. Failure would lead to Nasdaq delisting, with shares remaining quoted on OTCQB, subject to applicable rules.
SCWorx (NASDAQ:WORX) announced two new customer wins via a strategic partner channel on April 22, 2026. Both customers are in data preparation ahead of planned ERP implementations and will use SCWorx's platform for data standardization, cleansing, and structuring for Workday deployments.
The company said these engagements align with partner-led expansion in healthcare ERP projects and are expected to contribute to near-term revenue while creating opportunities for expanded scope as implementations progress.
SCWorx (Nasdaq: WORX) announced on March 4, 2026 that it signed a new SaaS and data management customer agreement with a prominent Southeastern healthcare provider to support the customer’s Workday implementation and ongoing ERP optimization.
The integrated delivery network serves communities with an IDN of over 700 beds. SCWorx will provide cloud-based data management, master data governance, legacy system migration support, data normalization, and ongoing data integrity monitoring through its SaaS platform, expanding its healthcare provider footprint and reinforcing its focus on recurring SaaS revenue aligned with major cloud platforms such as Workday.
SCWorx (Nasdaq: WORX) announced on December 17, 2025 that it signed a new customer agreement with a Midwest-based academic hospital organization of approximately 500 beds. The hospital selected SCWorx to provide data cleanse and enrichment services to support Workday initiatives, improve data consistency, and support operational workflows.
The company did not disclose financial terms; deployment timing and scope will be determined with the customer. SCWorx CEO Tim Hannibal said the engagement reflects continued interest in the company’s data management solutions within academic healthcare.
SCWorx (NASDAQ: WORX) announced a new partner agreement on Dec. 15, 2025 to expand its healthcare data management network. The partnership pairs SCWorx’s data platform with a healthcare supply chain partner offering an AI-powered payments and supply chain automation solution.
The collaboration aims to provide actionable insights, streamline expense and supply chain workflows, reduce administrative waste, and create referral and customer opportunities as part of SCWorx’s growth strategy.
SCWorx (Nasdaq: WORX) received a written 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
The extension moves the compliance deadline to April 6, 2026. Nasdaq noted SCWorx meets the Capital Market's other initial listing requirements except the $1.00 minimum bid price. If the share price closes at or above $1.00 for ten consecutive business days during the extension, Nasdaq will confirm compliance. If compliance is not achieved, Nasdaq may notify SCWorx of delisting and the company may appeal to a Nasdaq Hearings Panel, with listing remaining pending the Panel's decision.
SCWorx (NASDAQ: WORX) renewed a three-year agreement with an existing healthcare partner on October 6, 2025. The renewed contract increases value by 113% versus the prior term, representing approximately $1,692,000 in total revenue over three years. The partner, an aggregate purchasing group and eight-year customer, added enhanced services and doubled the data volume processed with SCWorx, signaling expanded usage and platform scalability. Management said the renewal strengthens the company’s healthcare footprint and partner program.