• SCWorx entered a private placement for about $938,000 in gross proceeds from institutional, accredited investors.
• Units priced at $2.68 include 350,000 common shares, warrants for 350,000 shares; warrants strike $2.56, exercisable immediately, five-year term.
• Existing holders exercised warrants for 50,000 shares; about 50,000 shares to be issued to Dawson James as compensation.
• Nasdaq trading has been suspended since April 14, 2026; stock now quoted on OTCQB while the company seeks to regain compliance.
• Proceeds held in a segregated account until Nov. 30, 2026; investors can demand refunds if Nasdaq trading does not resume by Oct. 31, 2026.

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: 202609170907PRIMZONEFULLFEED9828947) on September 17, 2026, and is solely responsible for the information contained therein.