Agreement is Subject to Approval by the Securities and Exchange Commission New York, NY, April 14, 2022 (GLOBE NEWSWIRE) -- SCWorx Corp (Nasdaq: WORX) today announced that the Company has reached an agreement in principle, subject to approval by the Securities and Exchange Commission (“SEC”), to resolve the SEC matter arising out of the Company’s April 13, 2020 press release and the events thereafter (first disclosed in the Company’s March 31, 2020 10-Q). As disclosed in the SCWorx 10-K filed on
New York, NY., April 08, 2022 (GLOBE NEWSWIRE) -- SCWorx Corp. (“SCWorx” or the “Company”) (Nasdaq: WORX) today announced that on March 25, 2022, the U.S. District Court for the Southern District of New York (the “Court”) preliminarily approved a settlement agreement (the “Settlement”) resolving three shareholder derivative lawsuits involving the Company. As previously disclosed, on June 15, 2020, a shareholder derivative action was filed in the United States District Court for the Southern Dist
New York, NY, Feb. 02, 2022 (GLOBE NEWSWIRE) -- SCWorx Corp. (Nasdaq: WORX) Today announced that it has signed a 39 month agreement with an existing customer for a new product offering. The Agreement provides for approximately $1.1 million in payments over the full contract term, subject to earlier termination in specified circumstances.. This new agreement, which was effective October 1, 2021, expands the services that the Company is providing to its existing customer, a highly respected stand-