SCWorx regains Nasdaq eligibility; trading to resume after compliance win
Oct 5, 2026, 2:08 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Reinstatement reduces overhang from potential delisting, improves access to institutional buyers, and could trigger multiple expansion if liquidity improves and trading resumes on Nasdaq.
AI summary
What happened, with direct paths to the underlying reporting
SCWorx Corp. announced that Nasdaq's Hearings Panel granted reconsideration, allowing continued listing on the Nasdaq Capital Market after meeting minimum bid-price and public-float requirements. The decision followed a September 2026 private placement that lifted publicly held shares to 549,092, well above the 500,000 threshold, with a $1+ bid price maintained since August. Nasdaq will set a reinstatement date, and the company faces a one-year monitoring period with monthly disclosures.
Nasdaq Panel grants reconsideration; WORX to remain listed on Nasdaq Capital Market.
Publicly held shares exceed 500,000; closing bid price at or above $1 since Aug 4, 2026.
Private placement investors agree not to terminate; one-year discretionary monitor imposed.
Trading suspended since April 14, 2026; reinstatement date to be scheduled by Nasdaq.
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