8 unchanged sentences
the indicated periods the high and low closing prices for SCWorx’s common stock as reported on the NASDAQ Capital Market.
−Removed: On October 6, 2023, following
−Removed: stockholder approval at the Company’s annual meeting, the Company amended its certificate of incorporation to implement a 1 for
−Removed: 15 reverse split of its common stock.
−Removed: The effect of the reverse stock split was to combine every 15 shares of outstanding common stock
−Removed: into one share of common stock.
−Removed: The reverse stock split was effective at the opening of the trading day on October 11, 2023.
−Removed: The effects of the reverse
−Removed: stock split have been reflected in this Annual Report on Form 10-K for all periods presented.
First Quarter
5 unchanged sentences
were 15,999,423 outstanding shares of common stock held by 428 stockholders of record.
−Removed: We have never declared or paid
−Removed: any cash dividends on our shares of common stock, and we do not expect to pay cash dividends in the foreseeable future.
+Added: We have never declared or
+Added: paid any cash dividends on our shares of common stock, and we do not expect to pay cash dividends in the foreseeable future.
We anticipate
6 unchanged sentences
its stated capital.
+Added: Nasdaq minimum bid price deficiency notification
+Added: As Previously Disclosed in
+Added: the Company’s periodic report filed with the SEC on April 16, 2025, Nasdaq notified the Company that based upon the Company’s
+Added: closing bid price for the last 30 consecutive business days (February 26, 2025 through April 9, 2025), the Company no longer meets the
+Added: listed securities requirement to maintain a minimum bid price of $1 per share pursuant to Nasdaq Rules 5550(a)(2) and 5810(c)(3)(A).
+Added: On October 8, 2025, the Company
+Added: received written notification from the Listing Qualifications Department of Nasdaq, granting the Company’s request for a 180-day
+Added: extension to regain compliance with the Bid Price Rule.
+Added: The Company now has until April 6, 2026 to meet the requirement.
+Added: Under the Nasdaq Rules, if
+Added: at any time during this 180 day period the closing bid price of the Company’s securities is at least $1 for a minimum of ten consecutive
+Added: business days, Nasdaq will provide written confirmation of compliance and the matter would be closed.
+Added: In the event that the Company does
+Added: not regain compliance during the initial 180 day period, the Company may still be eligible for additional time.
+Added: To qualify, the Company
+Added: would be required to meet the continued listing requirements for market value of publicly held shares and all other initial listing standards
+Added: for the Nasdaq Capital Market, with the exception of the bid price requirement, and would need to provide written notice of its intention
+Added: to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary.
+Added: If the Company meets these
+Added: additional requirements, Nasdaq will inform the Company that it has been granted an additional 180 calendar days.
+Added: However, if it appears
+Added: to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is not otherwise eligible, Nasdaq would
+Added: then provide notice that the Company’s securities will be subject to delisting.
+Added: The Company is monitoring its Common Stock trading
+Added: If compliance with the minimum bid price requirement is not regained within the extended 180-day period, the Company will implement
+Added: a reverse stock split within the range previously approved by its shareholders.
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.