SCWorx Appeals Nasdaq Delisting, Executes Reverse Stock Split

The latest announcement is out from SCWorx ( (WORX) ).

On April 7, 2026, SCWorx disclosed that Nasdaq had determined its securities would be delisted from the Capital Market after the company failed to regain compliance with the exchange’s $1 minimum bid price rule, following an earlier deficiency notice on April 10, 2025 and a 180‑day extension granted on October 8, 2025. Trading in SCWorx common stock is set to be suspended as of the market open on April 14, 2026, the company has appealed the delisting decision to a Nasdaq hearings panel, and it implemented a 1‑for‑15 reverse stock split effective April 10, 2026 in an effort to restore its share price above $1 and preserve its Nasdaq listing, although there is no assurance the appeal or compliance efforts will succeed, posing potential adverse effects for shareholders.

If the reverse stock split fails to sustain SCWorx’s stock price above the $1 threshold for the required trading period and the appeal is unsuccessful, the company’s shares will be removed from Nasdaq, which could impair liquidity, reduce market visibility and weigh on investor confidence. The delisting risk underscores the company’s dependence on maintaining exchange compliance and highlights the potential for heightened volatility and constrained access to capital should its securities be forced to trade off‑exchange.

More about SCWorx

SCWorx is a publicly traded company whose common stock is listed on the Nasdaq Capital Market. The company is subject to Nasdaq’s listing standards, including the requirement that its shares maintain a minimum bid price of $1, and its investor base is therefore exposed to the regulatory and liquidity dynamics of major U.S. equity exchanges.

Average Trading Volume: 13,951,353

Technical Sentiment Signal: Sell

Current Market Cap: $1.75M

For an in-depth examination of WORX stock, go to TipRanks’ Overview page.