SCWorx Receives Notice From NASDAQ As A Result Of Not Filing Its Form 10-Q For The Period Ended March 31, 2024 Timely; Remains Delinquent In Filing Its Form 10-K For The Year Ended December 31, 2023
Portfolio Pulse from Benzinga Newsdesk
SCWorx Corp. has received a notice from Nasdaq for failing to timely file its Form 10-Q for the period ended March 31, 2024, and remains delinquent in filing its Form 10-K for the year ended December 31, 2023. This failure violates Nasdaq Listing Rule 5250(c)(1).
May 21, 2024 | 6:40 pm
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SCWorx Corp. has received a notice from Nasdaq for failing to timely file its Form 10-Q for Q1 2024 and remains delinquent on its Form 10-K for 2023, violating Nasdaq Listing Rule 5250(c)(1).
The notice from Nasdaq indicates non-compliance with listing requirements, which could lead to potential delisting if not rectified. This is likely to negatively impact investor confidence and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100