SCWorx wins Nasdaq panel stay, must execute reverse split to regain $1 bid compliance

SCWorx Corp

SCWorx Corp

WORX

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  • SCWorx won a Nasdaq hearings decision to keep its listing, subject to regaining compliance with the $1 minimum bid rule.
  • Trading has been suspended since April 14, 2026 due to sub-$1 bid pricing.
  • Shareholders must authorize a reverse split by July 22, 2026; the split must be executed by August 3, 2026.
  • Nasdaq requires at least 20 consecutive sessions at $1 or higher by August 28, 2026 to restore compliance.
  • Failure to meet deadlines risks delisting; the stock would remain quoted on OTC Markets, with OTCQB clearance already granted.


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 GlobeNewswire (Ref. ID: 202606231541PRIMZONEFULLFEED9751380) on June 23, 2026, and is solely responsible for the information contained therein.

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