Monitor for any future conversion of this 13G to a 13D, which would signal activist intent. The 9.1% stake is significant for a micro-cap issuer and could precede engagement, though the filing explicitly disclaims control intent.
Price Chart
Executive Summary
Intracoastal Capital LLC, along with Mitchell P. Kopin and Daniel B. Asher, filed a new Schedule 13G disclosing a 9.1% passive stake in SCWorx Corp. as of September 16, 2026, representing 50,000 shares of common stock. This is a new filing (not an amendment) by Intracoastal Capital, which had previously been reported as a filer in prior 13G/A filings by Iroquois Capital Management. The stake is passive with no intent to influence control.
Key Financial Metrics
Key Facts
- Intracoastal Capital LLC, Mitchell P. Kopin, and Daniel B. Asher filed a new Schedule 13G on September 23, 2026.
- The filing discloses beneficial ownership of 50,000 shares of SCWorx Corp. common stock, representing 9.1% of shares outstanding based on 550,000 shares outstanding as reported by the issuer.
- The filing is a new Schedule 13G (not an amendment), though prior 13G/A filings by Iroquois Capital Management (same address as Kopin) existed.
- The filers certify the securities were not acquired with the purpose of changing or influencing control of the issuer.
- An additional 50,000 shares issuable upon exercise of a warrant are excluded due to a 4.99% blocker provision.
Financial Impact
9.1% passive stake valued at approximately $50,000 based on 50,000 shares at an estimated price of $1.00 per share (no market price provided in filing).
Risk Factors
- The stake is passive but large (9.1%) for a micro-cap, and the filers (Kopin/Asher/Intracoastal) have a history of activist investing, which could lead to future pressure.
- The blocker provision on the warrant limits potential dilution but also caps the reporting persons' beneficial ownership at 4.99% for warrant exercise purposes.
- No financial details or market data are provided in the filing, limiting assessment of the stake's cost basis or market impact.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G Filing (Primary) | 0001213900-26-102724 |
| Document: 0001213900-26-102724-index-headers.html | 0001213900-26-102724 |
| Document: 0001213900-26-102724-index.html | 0001213900-26-102724 |
| Document: 0001213900-26-102724.txt | 0001213900-26-102724 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | S-3/A | $2.60 | awaiting T+1 | — | $2.10 (+19.19%) |
Oct 16, 2026 10d ago | S-3 | $1.38 $2.68 | ▼ −94.20% | ▼ −93.78% | $2.10 (−52.25%) |
Oct 5, 2026 21d ago | 8-K | $5.52 $7.25 | ▲ +31.34% | ▲ +30.79% | $2.10 (−61.94%) |
Oct 5, 2026 21d ago | Press Release | $4.00 | awaiting T+1 | — | $2.10 (−47.47%) |
Sep 23, 2026 4w ago | SC 13G | $1.06 $1.06 | · 0.00% | ▼ −0.54% | $2.10 (+98.21%) |
Sep 23, 2026 4w ago | 8-K | $1.06 $1.06 | · 0.00% | ▲ +0.54% | $2.10 (−98.21%) |
Sep 22, 2026 4w ago | 8-K | $2.55 | awaiting T+1 | — | $2.10 (+17.61%) |
Sep 4, 2026 7w ago | 8-K | $1.06 $1.06 | · 0.00% | ▼ −0.46% | $2.10 (−98.21%) |
Aug 6, 2026 11w ago | Press Release | $4.55 $5.50 | ▲ +20.88% | ▲ +20.27% | $2.10 (−53.82%) |
Jul 8, 2026 15w ago | Press Release | $4.02 $7.89 | ▲ +96.18% | ▲ +95.33% | $2.10 (−47.74%) |
US Market Status
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