SCWorx Receives Notice Of Non-Compliance From NASDAQ Stock Market; The Company Submitted Nasdaq A Revised Plan To Regain Compliance With The Rule By No Later Than October 14, 2024.
Portfolio Pulse from Benzinga Newsdesk
SCWorx Corp. has received a non-compliance notice from NASDAQ due to failure to file required financial reports. The company plans to regain compliance by October 14, 2024.
August 23, 2024 | 7:30 pm
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SCWorx Corp. has been notified by NASDAQ of non-compliance due to missing financial report deadlines. The company has submitted a plan to regain compliance by October 2024.
The non-compliance notice from NASDAQ is a significant regulatory issue for SCWorx, indicating potential risks for investors. The company's failure to file required reports on time can lead to delisting if not resolved, negatively impacting investor confidence and stock price in the short term.
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