SCWorx files amendment to charter for 1-for-12 reverse stock split

• SCWorx filed a charter amendment to implement a 1-for-12 reverse stock split, effective 11:59 p.m. ET on Aug. 3, 2026.
• The move will cut common shares outstanding to about 89,000 from 1,066,918, with split-adjusted trading expected to start Aug. 4 under a new CUSIP 78396V 406.
• Fractional shares will be rounded up to a whole share for holders of record, while street-name rounding will occur at the DTC participant level.
• The reverse split leaves authorized common shares unchanged, increasing authorized but unissued stock and potential dilution.
• The action aims to help meet Nasdaq’s $1 minimum bid requirement by Aug. 28, 2026, though the listing remains subject to other compliance conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SCWorx Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-083096), on July 30, 2026, and is solely responsible for the information contained therein.