DelistingOct 5, 2026, 01:16 PM
SCWorx Corp. Regains Nasdaq Listing; Trading to Resume
AI Summary
SCWorx Corp. announced that the Nasdaq Hearings Panel has granted its request for reconsideration and approved the continued listing of its common stock on The Nasdaq Capital Market. The company has demonstrated compliance with Nasdaq's minimum bid price and publicly held shares requirements, leading to the reinstatement of trading on Nasdaq, which was suspended since April 14, 2026. This decision follows a private placement and a reverse stock split, which helped the company meet the listing standards. Trading will resume on a date to be scheduled by Nasdaq, with the company currently quoted on the OTCQB Venture Market.
Key Highlights
- Nasdaq Hearings Panel grants SCWorx Corp. reconsideration request, approving continued listing on The Nasdaq Capital Market.
- Company has regained compliance with Nasdaq's minimum bid price and publicly held shares requirements.
- Trading on Nasdaq to be reinstated on a date to be scheduled by Nasdaq.
- SCWorx Corp. completed a private placement of 350,000 shares on September 16, 2026, increasing publicly held shares to 549,092.
- The Company's closing bid price has been at or above $1.00 per share since August 4, 2026.
- A one-year Panel Monitor is imposed, requiring monthly reporting of shares outstanding, insider holdings, and public float.
Price Impact
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