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SCWorx Corp. (WORX) ownership disclosure states that Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC may each be deemed to beneficially own the same 50,000 shares held by Intracoastal. As of September 23, 2026, each had shared voting and dispositive power over those shares, representing approximately 9.1% of common stock based on 550,000 shares outstanding following September 16, 2026, as reported to them by SCWorx.
Another 50,000 shares issuable under Intracoastal’s warrant are excluded because the warrant limits exercise when it would cause beneficial ownership, together with affiliates and any group members, to exceed 4.99%. Without that blocker, each reporting person may have been deemed to beneficially own 100,000 shares.
Key Figures
Beneficially owned shares:50,000 sharesBeneficial ownership:Approximately 9.1%Shares outstanding:550,000 shares+3 more
6 metrics
Beneficially owned shares50,000 sharesEach reporting person may be deemed to own the same shares held by Intracoastal as of September 23, 2026.
Beneficial ownershipApproximately 9.1%Based on 550,000 shares outstanding following September 16, 2026.
Shares outstanding550,000 sharesFollowing September 16, 2026, as reported to the reporting persons by SCWorx.
Warrant shares issuable50,000 sharesExcluded from beneficial ownership because of the warrant’s blocker provision.
Beneficial ownership blocker4.99%Warrant exercise is restricted to the extent it would result in beneficial ownership above this percentage.
Beneficially owned shares without blocker100,000 sharesEach reporting person may have been deemed to own this amount without the warrant blocker.
"may have been deemed to have beneficial ownership of 50,000 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared Voting Powerfinancial
"Shared Voting Power 50,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Shared Dispositive Powerfinancial
"Shared Dispositive Power 50,000.00"
blocker provisionfinancial
"the Intracoastal Warrant contains a blocker provision"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many WORX shares may each reporting person be deemed to own?
Each may be deemed to beneficially own 50,000 shares held by Intracoastal Capital LLC, representing approximately 9.1% of common stock. The ownership was reported as of September 23, 2026, based on 550,000 shares outstanding following September 16, 2026.
Why are 50,000 WORX warrant shares excluded from beneficial ownership?
The warrant’s blocker prevents exercise to the extent it would result in beneficial ownership of more than 4.99%, counting the holder’s affiliates and persons acting as a group with the holder or its affiliates. Without the blocker, each reporting person may have been deemed to beneficially own 100,000 shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SCWorx Corp.
(Name of Issuer)
Common stock, par value $0.001 per share
(Title of Class of Securities)
78396V406
(CUSIP Number)
09/16/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
78396V406
1
Names of Reporting Persons
Mitchell P. Kopin
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
50,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
50,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
50,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.1 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
78396V406
1
Names of Reporting Persons
Daniel B. Asher
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
50,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
50,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
50,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.1 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
78396V406
1
Names of Reporting Persons
Intracoastal Capital LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
50,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
50,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
50,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.1 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
SCWorx Corp.
(b)
Address of issuer's principal executive offices:
35 Village Road, Suite 100, Middleton, Massachusetts 01949
Item 2.
(a)
Name of person filing:
This Schedule 13G is being filed on behalf of (i) Mitchell P. Kopin, an individual ("Mr. Kopin"), (ii) Daniel B. Asher, an individual ("Mr. Asher") and (iii) Intracoastal Capital LLC, a Delaware limited liability company ("Intracoastal" and together with Mr. Kopin and Mr. Asher, collectively the "Reporting Persons").
(b)
Address or principal business office or, if none, residence:
The principal business office of Mr. Kopin and Intracoastal is 245 Palm Trail, Delray Beach, Florida 33483. The principal business office of Mr. Asher is 1011 Lake Street, Suite 311, Oak Park, Illinois 60301
(c)
Citizenship:
Mr. Kopin is a citizen of the United States of America. Mr. Asher is a citizen of the United States of America. Intracoastal is a Delaware limited liability company.
(d)
Title of class of securities:
Common stock, par value $0.001 per share
(e)
CUSIP Number(s):
78396V406
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of the close of business on September 23, 2026, each of the Reporting Persons may have been deemed to have beneficial ownership of 50,000 shares of Common Stock held by Intracoastal, and all such shares of Common Stock represent beneficial ownership of approximately 9.1% of the Common Stock, based on 550,000 shares of Common Stock outstanding following September 16, 2026, as reported to the Reporting Persons by the Issuer. The foregoing excludes 50,000 shares of Common Stock issuable upon exercise of a warrant held by Intracoastal (the "Intracoastal Warrant") because the Intracoastal Warrant contains a blocker provision under which the holder thereof does not have the right to exercise the Intracoastal Warrant to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock. Without such blocker provision, each of the Reporting Persons may have been deemed to have beneficial ownership of 100,000 shares of Common Stock.
(b)
Percent of class:
9.1%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
50,000
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
50,000
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
