12 unchanged sentences
AAA Arbitration Case 01-22-0001-5709
−Removed: As previously disclosed in the Company’s periodic reports filed
−Removed: with the SEC, on April 25, 2022, the Company received a Demand for Arbitration along with a Statement of Claim filed by Core IR with the
−Removed: American Arbitration Association seeking damages in the amount of approximately $190,000.
−Removed: arising out of a marketing and consulting
+Added: As previously disclosed in
+Added: the Company’s periodic reports filed with the SEC, on April 25, 2022, the Company received a Demand for Arbitration along with a
+Added: Statement of Claim filed by Core IR with the American Arbitration Association seeking damages in the amount of approximately $190,000.
+Added: out of a marketing and consulting agreement.
The Company filed its answer, affirmative defenses and counterclaims on May 16, 2022.
−Removed: By order of the arbitrator dated November
−Removed: 1, 2022, Core IR received permission to amend its Statement of Claim to increase its request for damages to $257,546.
−Removed: The Company received
−Removed: the final decision of the Arbitrator on October 16, 2023, awarding Core IR $461,856 including unpaid compensation, indemnification for
−Removed: legal fees and costs, prevailing party legal fees and interest (the “Award”).
−Removed: Core IR has since obtained a judgement in the
−Removed: amount of approximately $502,000 (including interest) (“Judgement”).
−Removed: The Company and Core IR entered into a settlement agreement
−Removed: dated July 12, 2024 under which the Company agreed to issue Core IR shares of its common stock with a value of $502,000 (determined based
−Removed: on sales proceeds realized by Core IR), in full and complete satisfaction of the Judgement.
−Removed: The settlement agreement is filed as exhibit
−Removed: 10.5 to this annual report on Form 10-K.
+Added: order of the arbitrator dated November 1, 2022, Core IR received permission to amend its Statement of Claim to increase its request for
+Added: damages to $257,546.
+Added: The Company received the final decision of the Arbitrator on October 16, 2023, awarding Core IR $461,856 including
+Added: unpaid compensation, indemnification for legal fees and costs, prevailing party legal fees and interest (the “Award”).
+Added: IR has since obtained a judgement in the amount of approximately $502,000 (including interest) (“Judgement”).
+Added: and Core IR entered into a settlement agreement dated July 12, 2024 under which the Company agreed to issue Core IR shares of its common
+Added: stock with a value of $502,000 (determined based on sales proceeds realized by Core IR), in full and complete satisfaction of the Judgement.
+Added: The settlement agreement is filed as exhibit 10.5 to our annual report on Form 10-K as filed with the SEC on September 24, 2024.
+Added: 18, 2024, the Company issued 159,776 shares of its common stock in the first tranche of payments under this agreement.
+Added: In connection with the Settlement
+Added: Agreement, the Company and Core IR entered into a Registration Rights Agreement, pursuant to which the Company was required to file a
+Added: resale registration statement with the Commission to register for resale the shares issuable upon under the Settlement Agreement as described
Hadrian Equities Partners, LLC et ano.
10 unchanged sentences
Plaintiffs filed an Amended Complaint on November 28, 2022.
−Removed: On February 6, 2023, SCWorx filed its answer to the Amended
−Removed: Complaint interposing numerous defenses.
−Removed: Plaintiff have since entered into a settlement agreement dated December 1, 2023 (effective as
−Removed: of October 23, 2023) (as amended April 29, 2024), under which the Company agreed to pay Plaintiffs $20,000 and issue them 37,500 shares
+Added: On February 6, 2023, SCWorx filed its answer to
+Added: the Amended Complaint interposing numerous defenses.
+Added: Plaintiff has since entered into a settlement agreement dated December 1, 2023 (effective
+Added: as of October 23, 2023) (as amended April 29, 2024), under which the Company agreed to pay Plaintiffs $20,000 and issue them 37,500 shares
of common stock, all in full settlement of the claims made in the lawsuit.
−Removed: The cash payment was made in July 2024, and the shares were
−Removed: issued in May 2024.
−Removed: Bernstein, Esq.
−Removed: As previously disclosed in
−Removed: the Company’s Form 10-Q for the quarter ended June 30, 2023, on June 7, 2023, Carole R.
−Removed: Bernstein, Esq.
−Removed: filed a complaint in the
−Removed: United States District Court for the Southern District of New York against the Company.
−Removed: The complaint alleged that the Company breached
−Removed: its engagement agreement with Ms.
−Removed: Bernstein by failing to pay legal fees when due.
−Removed: Bernstein sought to recover $69,164 fees
−Removed: owing for services, plus interest, costs, including her attorney’s fees.
−Removed: The Company and the Plaintiff have since entered into
−Removed: a settlement agreement dated July 12, 2024, under which the Company agreed to pay Plaintiffs $80,000 in two equal installments of $40,000,
−Removed: the first of which was paid August 9, 2024, and the second of which is payable on or about October 9, 2024.
+Added: The Company has accrued for this liability which is included
+Added: in accounts payable and accrued liabilities on the Company’s consolidated balance sheet at December 31, 2023.
+Added: The cash payment was
+Added: made in July 2024, and the shares were issued in May 2024.
Mine Safety Disclosures
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.