SCWorx raises USD 938,000 in private placement of 350,000 shares with warrants

Bitget2026/09/22 20:05

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SCWorx entered a private placement with 10 accredited investors on Sept. 16, 2026, issuing 350,000 common shares with 350,000 warrants.
Pricing set at USD 2.68 per share with accompanying warrant; gross proceeds totaled USD 938,000 before offering expenses.
Warrants carry a USD 2.56 exercise price, are exercisable immediately, expire five years from the initial exercise date.
Company to file a Form S-3 to register resale of warrant shares within 30 days; targets effectiveness within 60 days.
SCWorx agreed to a 90-day issuance blackout for common stock or equivalents; variable-rate transactions restricted for one year.

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: 0001213900-26-102190), on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SCWorx raises USD 938,000 in private placement of 350,000 shares with warrants

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