SCWorx Regains Nasdaq Compliance and Avoids Delisting
Key Facts
The Nasdaq Hearings Panel granted SCWorx's request for reconsideration and approved its continued listing on the Nasdaq Capital Market. GlobeNewswire reported that the Panel determined the company has regained compliance with continued listing requirements, reversing a previous delisting decision. According to a company statement, the date for reinstating trading of WORX shares on Nasdaq will be set by the Panel at a later time.
Data indicates that WORX maintained a closing bid price at or above $1.00 per share on every trading day since August 4, 2026, meeting the required 10-day compliance window. A private placement on September 16, 2026, helped increase the company's publicly held shares to 549,092 as of September 17, 2026, surpassing the 500,000-share minimum requirement. The company will remain under a discretionary panel monitor for a one-year period ending October 2, 2027.