- On **September 17, 2025**, SCWorx Corp. entered into warrant inducement agreements with holders of certain existing warrants.  **[1674227_0001213900-25-089543_ea0257925-8k_scworx.htm:1]** 
- Under these agreements, holders exercised existing warrants to purchase **2,064,000 shares** of common stock at an exercise price of **$0.3496 per share**, resulting in aggregate gross proceeds of **approximately $721,574** for the company.  **[1674227_0001213900-25-089543_ea0257925-8k_scworx.htm:1]** **[1674227_0001213900-25-089543_ea0257925-8k_scworx.htm:3]** 
- In consideration, SCWorx Corp. agreed to issue new unregistered warrants to purchase an aggregate of **4,128,000 shares** of common stock, which is equal to 200% of the shares issued from the exercise of existing warrants.  **[1674227_0001213900-25-089543_ea0257925-8k_scworx.htm:1]** **[1674227_0001213900-25-089543_ea0257925-8k_scworx.htm:3]** 
- The new warrants will have an exercise price of **$0.31004 per share** and will be exercisable on or after the date of stockholder approval, with a term of exercise of **five years** from that date.  **[1674227_0001213900-25-089543_ea0257925-8k_scworx.htm:1]** **[1674227_0001213900-25-089543_ea0257925-8k_scworx.htm:2]** **[1674227_0001213900-25-089543_ea025792501ex10-1_scworx.htm:2]** 
- The company expects to use the net proceeds from these transactions for **working capital and other general corporate purposes**.  **[1674227_0001213900-25-089543_ea0257925-8k_scworx.htm:1]**

SCWorx Corp. Enters Into Warrant Inducement Agreements

- **SCWorx Corp. has announced a strategic partnership with a leading healthcare supply chain consulting firm** to enhance its SaaS data management program and improve procurement efficiency for healthcare customers nationwide.  **[1674227_0db38f3285c14b86807d6154c1f5fe90]** 
- This collaboration leverages **SCWorx's data cleanse, normalization, and enrichment services** to support the partner in helping hospitals reduce costs and optimize spending through extensive purchasing power across all 50 states.  **[1674227_0db38f3285c14b86807d6154c1f5fe90]** 
- SCWorx's CEO, Tim Hannibal, highlighted that the partnership reinforces the company's unique value proposition in assisting U.S. hospitals with data utilization for cost savings and operational efficiency.  **[1674227_0db38f3285c14b86807d6154c1f5fe90]** 
- Financially, SCWorx has a market capitalization of approximately **$3.62 million** and reported revenue of **$2.84 million**, but it faces significant financial challenges with a negative operating margin (**-49.35%**), net margin (**-105.74%**), and EBITDA margin (**-44.1%**).  **[1674227_0db38f3285c14b86807d6154c1f5fe90]**

SCWorx (WORX)