Business

SCWorx Granted 180-Day Extension to Meet Nasdaq Minimum Bid Price Requirement

Middleton, MA, Oct. 14, 2025 (GLOBE NEWSWIRE) -- SCWorx Corp (Nasdaq: WORX) ("SCWorx" or the "Company"), a software-as-a-service company focused on data management for healthcare providers received written notification from the Listing Qualification Department of The Nasdaq Stock Market LLC ("Nasdaq") granting the Company's request for a 180-day extension to regain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The Company now has until April 6, 2026

articleScworx Corp.October 14, 20254/company/scworx-corp-1/news/scworx-granted-180-day-extension-to-meet-nasdaq-minimum-bid-price-requirement-1
SCWorx Granted 180-Day Extension to Meet Nasdaq Minimum Bid Price Requirement

About this update from Scworx Corp.

[{"type":"image","alt":"SCWorx Corp.","displaySize":"","headline":null,"caption":"SCWorx Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":136,"height":81,"url":"https://media.zenfs.com/en/globenewswire.com/43ec707ada35de27584fdc04e226ce95"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/wJ2BY96u.S_VXk90SsMWKg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTEyNTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/43ec707ada35de27584fdc04e226ce95","width":136,"height":81}},"lazy":false},{"type":"text","content":"Middleton, MA, Oct. 14, 2025 (GLOBE NEWSWIRE) -- SCWorx Corp (Nasdaq: WORX) ("SCWorx" or the "Company"), a software-as-a-service company focused on data management for healthcare providers received written notification from the Listing Qualification Department of The Nasdaq Stock Market LLC ("Nasdaq") granting the Company's request for a 180-day extension to regain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The Company now has until April 6, 2026 to meet the requirement.","length":563,"tagName":"p"},{"type":"text","content":"Nasdaq's extension notice has no immediate effect on the continued listing status of the Company's common stock on The Nasdaq Capital Market LLC under the symbol "WORX". If at any time during the additional 180-day extension, the bid price of the Company's common stock closes at, or above, $1.00 per share for a minimum of ten consecutive business days, the Nasdaq staff will provide the Company with a written confirmation of compliance and the matter will be closed.","length":511,"tagName":"p"},{"type":"text","content":"Nasdaq's determination is based on the Company meeting the continued listing requirement for market value of publicly held shares as well as all other applicable requirements for initial listing on the Capital Market with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period and if necessary, effecting a reverse stock split.","length":433,"tagName":"p"},{"type":"text","content":"The Company was first notified by Nasdaq of its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive trading days under Nasdaq Listing Rule 5550(a...

More updates from Scworx Corp.

The CompanyNasdaqSCWorx Corpwritten notificationhealthcare providersCompanyhealthcare providerForward-Looking Statements