Jun. 23 at 8:01 PM
$WORX SCWorx Receives Nasdaq Hearings Panel Decision Granting the Company’s Request to Continue its Listing on the Nasdaq Stock Market, Subject to Compliance Conditions
https://www.globenewswire.com/news-release/2026/06/23/3316393/0/en/scworx-receives-nasdaq-hearings-panel-decision-granting-the-company-s-request-to-continue-its-listing-on-the-nasdaq-stock-market-subject-to-compliance-conditions.html
Under the terms of the Panel's decision, SCWorx must comply with the following conditions:
1) on or before July 22, 2026, obtain shareholder approval for a reverse stock split
2) on or before August 3, 2026, effect a reverse stock split
3) on or before August 28, 2026, demonstrate compliance with the Bid Price Rule by evidencing a closing bid price at or above
$1.00 per share for a minimum of 20 consecutive trading days