SCWorx implements 1-for-15 reverse stock split to meet Nasdaq $1 bid rule

Reuters04-08

SCWorx implements 1-for-15 reverse stock split to meet Nasdaq $1 bid rule

SCWorx amended its certificate of incorporation to implement a 1-for-15 reverse stock split of its common stock.
Reverse split combines every 15 outstanding shares into 1 share.
Action is expected to take effect at market open on April 10, 2026.
Move targets compliance with Nasdaq minimum bid price rule requiring shares to trade at or above USD 1 for 10 consecutive sessions.
Failure to regain compliance could lead to delisting from Nasdaq.

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: 0001213900-26-040974), on April 07, 2026, and is solely responsible for the information contained therein.

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