Key Highlights

  • SCWorx (NASDAQ:WORX) said a Nasdaq Hearings Panel on October 2, 2026 granted reconsideration of its September 17 delisting decision and approved continued listing on the Nasdaq Capital Market.
  • Public float was 549,092 shares as of September 17, 2026, only modestly above the 500,000-share minimum, and Nasdaq staff confirmed float compliance on September 30, 2026.
  • The closing bid has been at or above USD 1.00 on every trading day since August 4, 2026, and a one-year panel monitor runs through October 2, 2027.
  • Published market data lists the shares at USD 1.68, up 17.36% on 4.245 million shares; the snapshot date is not shown and the figures are unverified.

Nasdaq Panel Reverses Course on SCWorx Delisting

SCWorx (NASDAQ:WORX) provides healthcare data services, including repair and normalization of provider data, charge description master management and contract management. In a company release dated October 5, 2026, the company said a Nasdaq Hearings Panel decided on October 2 to grant its request for reconsideration of a September 17 delisting decision and to approve continued listing on the Nasdaq Capital Market. Trading on Nasdaq had been suspended since April 14, 2026, with the stock quoted on the OTCQB in the meantime. Published coverage reported that Nasdaq trading resumed on October 7, which was not confirmed in a primary document in this research.

Float, Bid Price and a One-Year Monitor

The panel conditions are strict. SCWorx (NASDAQ:WORX) must keep a one-year Discretionary Panel Monitor through October 2, 2027 and file monthly reports on shares outstanding, insider holdings and public float through October 5, 2027. If it fails any continued listing standard during the monitor, the company gets no compliance plan or cure period, and Nasdaq would promptly issue a Staff Delisting Determination. The closing bid has stayed at or above USD 1.00 since August 4, 2026, and each investor in the September 2026 private Placement agreed not to terminate its purchase based on the September 17 decision.

Why a 549,092-Share Float Magnifies Penny Stock Risk

Published coverage listed 2025 Revenue of about USD 2.88 million and a 2025 net loss of about USD 4.44 million, single-source figures not matched to a filing here. The company also announced a new agreement on October 19, 2026 with a community-owned healthcare system, per published coverage, with no financial terms verified. SCWorx (NASDAQ:WORX) is a penny stock at USD 1.68 on published market data, and a public float near half a million shares means a small number of trades can move the price, spreads can be wide and quoted moves can reverse. The same coverage showed a 16.09% fall on October 23, 2026, which shows how fast direction can change. Nothing here implies the 17.36% move will continue. Investors should also note that the company's revenue base is small, which leaves little cushion if a listing standard is missed again or if financing is needed.

Where Things Stand

Most likely because the listing risk eased, though the 17.36% move itself is unverified. SCWorx (NASDAQ:WORX) kept its Nasdaq listing on October 2, 2026, after a September 17 delisting decision, and it now operates under a one-year monitor with no cure period. With a public float of 549,092 shares, price moves of this size are common for thinly traded names and do not confirm a change in the business. The dated items to watch are the monthly float reports and the next quarterly filing.