SCWorx Corp. Delisting Notification and Reverse Stock Split

SCWorx Corp. received a delisting notification from Nasdaq on April 7, 2026, due to failure to maintain a minimum bid price of $1 per share. The company was previously granted a 180-day extension, which expired on April 6, 2026. Trading suspension is set for April 14, 2026, with a Form 25-NSE filing to follow. The company has appealed this determination and implemented a 1-for-15 reverse stock split, effective April 10, 2026, to regain compliance. While the company anticipates regaining compliance, there is no assurance of success in the appeal or in maintaining the required stock price. Failure to regain compliance could adversely affect the company.