WORX - SCWorx Corp. Receives Expected Notice from NASDAQ Stock Market Pertaining to its 10-K of December 31 2023 | Benzinga
NEW YORK, N.Y., April 23, 2024 (GLOBE NEWSWIRE) -- On April 17, 2024, SCWorx Corp. (the "Company") received a notice (the "Notice") from The Nasdaq Stock Market, LLC ("Nasdaq") indicating that, as a result of not having timely filed its Form 10-K for the period ended December 31, 2023 with the Securities and Exchange Commission ("SEC"), the Company has failed to satisfy a standard for continued listing, namely Nasdaq Listing Rule 5250(c)(1) , which requires timely filing of all required periodic reports with the SEC.
According to the Notice, the Company has 60 calendar days to submit a plan to regain compliance.
While the Company can provide no assurances as to timing, the Company is working with its independent registered public accounting firm to complete the audit of its financial statements as expeditiously as possible, following which it will promptly file its Annual Report on Form 10-K. The Company intends to notify the Nasdaq of this plan to rectify the existing filing deficiency.
About SCWorx
SCWorx has created an advanced attributed virtualized item data warehouse utilizing ...