Scworx Corp (WORX) News & EventsWORXScworx Corp

SCWorx Granted Continued Listing on Nasdaq

SCWorx announced that on October 2, the Nasdaq Hearings Panel granted the Company's request for reconsideration of the Panel's September 17 decision to delist the Company's common stock from The Nasdaq Stock Market. In its October 2 decision, the Panel determined that the Company now demonstrates compliance with the continued listing requirements of Nasdaq, including the minimum bid price requirement of Nasdaq Listing Rule 5550(a)(2) and the minimum publicly held shares requirement of Nasdaq Listing Rule 5550(a)(4), and granted the Company's request for continued listing on The Nasdaq Capital Market. Trading in the Company's common stock on Nasdaq, which has been suspended since April 14, will be reinstated on a date to be scheduled by Nasdaq. The Company is submitting Nasdaq's reinstatement form today and expects to announce the reinstatement date once it is confirmed by Nasdaq. Until trading on Nasdaq is reinstated, the Company's common stock will continue to be quoted on the OTCQB Venture Market under the symbol "WORX." The Panel's decision followed the Company's September 16, 2026 private placement, which, together with the exercise of outstanding warrants, increased the Company's publicly held shares to 549,092 shares as of September 17, above the 500,000-share minimum required by Nasdaq Listing Rule 5550(a)(4). On September 30, the Nasdaq Listing Qualifications Staff confirmed that the Company had regained compliance with the publicly held shares requirement as of September 17, 2026. The Company's closing bid price has been at or above $1.00 per share on every trading day since August 4, 2026, including the 10 consecutive trading days following September 17, 2026 required under Nasdaq Listing Rule 5810(c)(3)(A).

SCWorx Signs Two-Year Agreement with Major Massachusetts Healthcare Network

SCWorx entered into a two-year agreement with one of Massachusetts' largest integrated delivery networks. The customer is a not-for-profit healthcare organization with a comprehensive network of hospitals, physician practices, outpatient facilities, and community-based care services. The organization selected SCWorx to support its healthcare supply chain data management initiatives as it continues to enhance enterprise data quality, governance, and operational efficiency. Under the two-year agreement, SCWorx will provide its proprietary healthcare data normalization, item master management, and supply chain data enrichment solutions to help improve the accuracy, consistency, and usability of critical supply chain information. The engagement is expected to support procurement optimization, strengthen data governance, and enable more effective analytics across the customer's healthcare operations.