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SCWorx ( (WORX) ) just unveiled an announcement.
On April 7, 2026, SCWorx amended its certificate of incorporation to execute a 1-for-15 reverse stock split, combining every 15 outstanding common shares into one, with the split expected to take effect at the opening of trading on April 10, 2026. The move is aimed at lifting the company’s share price to meet Nasdaq’s $1.00 minimum bid requirement over ten consecutive trading days, but SCWorx warns there is no assurance it will regain compliance and faces potential delisting if it fails.
More about SCWorx
SCWorx is a company whose shares are listed on the Nasdaq Stock Market, where it must comply with the exchange’s minimum bid price requirements for continued listing. The company’s capital structure and share price performance are therefore closely tied to Nasdaq’s rules, making corporate actions such as reverse stock splits central to its market positioning and investor perception.
Average Trading Volume: 13,680,676
Technical Sentiment Signal: Sell
Current Market Cap: $1.98M
Find detailed analytics on WORX stock on TipRanks’ Stock Analysis page.