Monitor the Nasdaq Hearings Panel decision and any share issuance announcement. The company must submit its views by September 9, 2026. A dilutive equity offering is the likely path to regain compliance, which would pressure the stock further. Delisting appears probable absent a rapid capital raise.
Price Chart
Executive Summary
SCWorx received a Nasdaq delisting notice for failing the minimum publicly held shares requirement (89,782 vs. 500,000 required), triggered by the recent 1-for-12 reverse stock split. The company remains non-compliant with bid price and MVPHS requirements, and must submit its views to the Nasdaq Hearings Panel by September 9, 2026. Delisting risk is elevated with no concrete remediation plan in place.
Key Facts
- Nasdaq notified SCWorx on September 2, 2026 that it fails the minimum publicly held shares requirement (Rule 5550(a)(4)) with only 89,782 publicly held shares vs. 500,000 required.
- The deficiency resulted from the 1-for-12 reverse stock split effective August 3, 2026, which was intended to regain bid price compliance.
- Despite meeting the $1.00 bid price for 20 consecutive days through August 31, 2026, Nasdaq rules prevent the company from being considered compliant with the bid price requirement until the publicly held shares requirement is also met.
- The company also remains non-compliant with the minimum market value of publicly held shares (MVPHS) requirement, with a compliance period expiring January 20, 2027.
- The board has not determined the structure, timing, or terms of any share issuance to regain compliance, and there is no assurance such issuance can be completed.
- If delisted, the stock would trade on the OTC market with reduced liquidity and price transparency.
Financial Impact
Delisting from Nasdaq would severely reduce liquidity and institutional ownership, likely depressing the stock price. No specific dollar impact quantified in the filing.
Risk Factors
- Delisting from Nasdaq leading to OTC trading with severely reduced liquidity and institutional participation.
- Dilutive share issuance required to regain compliance could further depress the stock price.
- Failure to regain compliance within the Panel's timeline could result in immediate delisting.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-097750 |
| Document: 0001213900-26-097750-index-headers.html | 0001213900-26-097750 |
| Document: 0001213900-26-097750-index.html | 0001213900-26-097750 |
| Document: 0001213900-26-097750.txt | 0001213900-26-097750 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | S-3/A | $2.19 $2.05 | ▲ +6.39% | ▲ +7.10% | $2.05 (+6.39%) |
Oct 16, 2026 10d ago | S-3 | $1.38 $2.68 | ▼ −94.20% | ▼ −93.78% | $2.05 (−48.55%) |
Oct 5, 2026 21d ago | 8-K | $5.52 $7.25 | ▲ +31.34% | ▲ +30.79% | $2.05 (−62.86%) |
Oct 5, 2026 21d ago | Press Release | $4.00 | awaiting T+1 | — | $2.05 (−48.75%) |
Sep 23, 2026 4w ago | SC 13G | $1.06 $1.06 | · 0.00% | ▼ −0.54% | $2.05 (+93.40%) |
Sep 23, 2026 4w ago | 8-K | $1.06 $1.06 | · 0.00% | ▲ +0.54% | $2.05 (−93.40%) |
Sep 22, 2026 4w ago | 8-K | $2.55 | awaiting T+1 | — | $2.05 (+19.61%) |
Sep 4, 2026 7w ago | 8-K | $1.06 $1.06 | · 0.00% | ▼ −0.46% | $2.05 (−93.40%) |
Aug 6, 2026 11w ago | Press Release | $4.55 $5.50 | ▲ +20.88% | ▲ +20.27% | $2.05 (−54.95%) |
Jul 8, 2026 15w ago | Press Release | $4.02 $7.89 | ▲ +96.18% | ▲ +95.33% | $2.05 (−49.00%) |
US Market Status
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