[8-K] SCWorx Corp. Reports Material Event

SCWorx Corp. received notice from Nasdaq on April 7, 2026 that its common stock will be delisted from the Nasdaq Capital Market for failing to meet the minimum bid price requirement of $1.00 per share under Nasdaq Rule 5550(a)(2) by the April 6, 2026 deadline.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

SCWorx Corp. received notice from Nasdaq on April 7, 2026 that its common stock will be delisted from the Nasdaq Capital Market for failing to meet the minimum bid price requirement of $1.00 per share under Nasdaq Rule 5550(a)(2) by the April 6, 2026 deadline.

Nasdaq plans to suspend trading on April 14, 2026 and file a Form 25-NSE to remove the stock from listing and registration, though SCWorx has appealed this determination to a Nasdaq hearings panel. To address the deficiency, the company amended its certificate of incorporation to implement a 1-for-15 reverse stock split, combining every 15 outstanding shares into one share, effective at the open of trading on April 10, 2026.

To regain compliance, the post-split common stock must trade at or above $1.00 per share for ten consecutive trading days. The company states it expects to regain compliance as a result of the reverse split but cautions there is no assurance it will succeed or prevail in its appeal, and that failure to remain listed on Nasdaq could adversely affect the company.

Insights

Nasdaq delisting risk rises despite reverse split to fix bid price.

SCWorx now faces potential removal from the Nasdaq Capital Market after failing to meet the $1.00 minimum bid price requirement by April 6, 2026. Nasdaq plans to suspend trading on April 14, 2026 and file Form 25-NSE to delist the stock.

The company implemented a 1-for-15 reverse stock split effective April 10, 2026 to boost its per-share price and regain compliance, and has appealed the delisting determination to a hearings panel. Actual outcome will depend on post-split trading levels and the appeal decision.

If the appeal is unsuccessful and shares do not meet the ten consecutive trading day requirement at or above $1.00, the stock will not resume trading on Nasdaq, which the company notes could adversely affect it, including visibility, liquidity, and investor access.

8-K Event Classification

Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

1 item

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities

The company received a delisting notice, failed to satisfy a continued-listing rule or standard, or transferred its listing.

Key Figures

Minimum bid requirement: $1.00 per share Compliance deadline: April 6, 2026 Trading suspension date: April 14, 2026 +3 more

6 metrics

Minimum bid requirement $1.00 per share Nasdaq Rule 5550(a)(2) bid price standard

Compliance deadline April 6, 2026 Final day to regain $1.00 bid compliance

Trading suspension date April 14, 2026 Planned Nasdaq trading suspension for SCWorx stock

Reverse split ratio 1-for-15 Every 15 shares combined into one share

Post-split compliance window 10 trading days Shares must trade at or above $1.00 for 10 days

Extension length 180 days Nasdaq extension granted on October 8, 2025

Key Terms

reverse stock split, Bid Price Rule, Form 25-NSE, Nasdaq Listing Rules

4 terms

reverse stock split financial

"the Company amended its certificate of incorporation to effect a 1 for 15 reverse stock split of its common stock"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

Bid Price Rule regulatory

"to regain compliance with the Bid Price Rule. The Company had until April 6, 2026 to meet the requirement."

Form 25-NSE regulatory

"a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”)"

Form 25‑NSE is an official filing used to notify the stock exchange that a company’s securities are being removed from trading on that exchange, similar to handing in a key when a shop closes. Investors care because removal ends public trading on that venue, often cutting liquidity and making it harder to buy or sell shares, which can affect a stock’s price and how quickly investors can access cash or exit positions.

Nasdaq Listing Rules regulatory

"to a hearings panel pursuant to the procedures set forth in the applicable Nasdaq Listing Rules."

Nasdaq listing rules are the rulebook a company must follow to have its shares traded on the Nasdaq stock exchange, covering entry requirements and ongoing standards for finances, corporate governance, public disclosure and reporting. For investors they matter because the rules create baseline checks — like a driver’s license and regular inspections for a car — that promote transparency, comparability and reduce the risk of fraud or sudden delisting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/10/2026 - 05:15 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 7, 2026

SCWorx Corp.

(Exact name of registrant as specified in its charter)

Delaware

001-37899

47-5412331

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

35 Village Rd, Suite 100

Middleton, MA 01949

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (844) 472-9679

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None.

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
N/A		N/A		N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

As previously reported, on April 10, 2025, Nasdaq notified the Company that based upon the Company’s closing bid price for the previous 30 consecutive business days (February 26, 2025 through April 9, 2025), the Company no longer met the listed securities requirement to maintain a minimum bid price of $1 per share pursuant to Nasdaq Rules 5550(a)(2).

On October 8, 2025, the Company received written notification from the Listing Qualifications Department of Nasdaq, granting the Company’s request for a 180-day extension to regain compliance with the Bid Price Rule. The Company had until April 6, 2026 to meet the requirement.

On April 7, 2026, Nasdaq notified the Company that, because it failed to regain compliance with Nasdaq’s minimum bid price requirement of $1 per share pursuant to Nasdaq Rule 5550(a)(2), its securities will be delisted from the Capital Market. Consequently, trading of the Company’s common stock will be suspended at the opening of business on April 14, 2026, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market.

The Company has filed an appeal of the Nasdaq Staff’s delisting determination to a hearings panel pursuant to the procedures set forth in the applicable Nasdaq Listing Rules. On April 7, 2026, the Company amended its certificate of incorporation to effect a 1 for 15 reverse stock split of its common stock, in order to regain compliance with Nasdaq’s minimum bid price requirement of $1 per share.

The effect of the reverse stock split is to combine every 15 shares of outstanding common stock into one share of common stock. The reverse stock split was effective at the opening of the trading day on April 10, 2026. In order for the Company to regain compliance with such Nasdaq rule, the Company’s common stock must trade at or above $1.00 per share for ten consecutive trading days.

Although the Company expects that it will regain compliance with Nasdaq’s minimum bid price rule, , as a result of the reverse stock split, there is no assurance that the Company will regain compliance or that it will be successful in its appeal of the delisting determination.

If the Company is not successful in its appeal of the Nasdaq Staff’s delisting determination, the Company’s common stock will not resume trading on the Nasdaq Stock Market, which could have an adverse effect on the Company.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: April 10, 2026

	SCWorx Corp.

	By:	/s/ Timothy A. Hannibal
	Name:	Timothy A. Hannibal
	Title:	Chief Executive Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

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[8-K] SCWorx Corp. Reports Material Event

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