SCWorx gets Nasdaq panel partial compliance letter on $1 minimum bid rule
Reuters2026/07/29 14:15By:Reuters
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- SCWorx received a Nasdaq Hearings Panel partial compliance letter tied to its plan to regain continued listing on the Nasdaq Capital Market.
- The panel confirmed completion of the first benchmark under the exception previously granted.
- Ongoing requirement: a closing bid price of at least $1 for 20 consecutive trading days under Nasdaq Listing Rule 5815(c)(4).
- Nasdaq must be notified immediately of material changes or events that could affect compliance.
- The panel can revisit the exception if developments make continued listing inadvisable.
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 GlobeNewswire (Ref. ID: 202607291015PRIMZONEFULLFEED9800228) on July 29, 2026, and is solely responsible for the information contained therein.
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