SCWorx Corp. Announces 1 for 15 Reverse Stock Split to Comply with Nasdaq Minimum Bid Price Rule

SCWorx Corp. has amended its certificate of incorporation to implement a 1-for-15 reverse stock split of its common stock, effective at the opening of trading on April 10, 2026. This action is intended to bring the company into compliance with the Nasdaq Stock Market's minimum bid price rule, which requires a stock price of at least $1.00 for ten consecutive trading days. While the company expects this measure to help regain compliance, there is no guarantee. Failure to comply could result in the delisting of SCWorx Corp. common stock from the Nasdaq Stock Market.