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SCWorx Enters Warrant Inducement Agreements for Funding

Story Highlights
  • SCWorx Corp. entered into warrant inducement agreements on September 17, 2025.
  • The agreements provided SCWorx with $721,574 in proceeds and new warrants for 4,128,000 shares.
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SCWorx Enters Warrant Inducement Agreements for Funding

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An update from SCWorx ( (WORX) ) is now available.

On September 17, 2025, SCWorx Corp. entered into warrant inducement agreements with holders of its existing warrants to purchase shares of common stock. The agreements resulted in the exercise of warrants for 2,064,000 shares, providing SCWorx with gross proceeds of approximately $721,574. In return, SCWorx issued new unregistered warrants for 4,128,000 shares, contingent upon stockholder approval. These actions are expected to support the company’s working capital and general corporate purposes, with potential implications for its financial flexibility and market operations.

More about SCWorx

Average Trading Volume: 3,087,356

Technical Sentiment Signal: Sell

Current Market Cap: $2.36M

See more data about WORX stock on TipRanks’ Stock Analysis page.

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