SCWorx Resale Shelf Effective: 8.25M Shares, Up to $20.1M in Warrant Proceeds
WORX sits 91% above its 52-week low of $1.07.
Summary
SCWorx's resale shelf is effective for 8,253,352 shares — 399,860 outstanding plus up to 7,853,492 warrant shares — against 1,387,099 shares currently outstanding. The company receives no sale proceeds, only up to about $20.1 million if warrants are exercised for cash.
Key Events · Financing and Capital Events · WORX
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Resale Shelf Effective for 8.25M Shares
The prospectus covers 8,253,352 shares: 399,860 outstanding shares from the September Placement and up to 7,853,492 shares issuable on exercise of July, November, January, Inducement and September warrants.
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Overhang Many Times Current Share Count
Shares outstanding stood at 1,387,099 as of October 22, 2026; assuming all registered warrants are exercised, outstanding would rise to 9,240,591 — roughly 6.7x (9,240,591 / 1,387,099).
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Up to $20.1M Only If Warrants Exercised
Selling-holder sales generate no proceeds for the company; it may receive up to approximately $20.1 million gross if all warrants are exercised for cash, and some warrants may be exercised cashless for zero proceeds.
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Warrant Reset Terms Add Further Dilution Risk
All warrants except the September Warrants contain provisions that may reduce the exercise price and increase shares issuable, which the filing says would increase dilution.
Analysis · WORX · Technology
The resale registration first filed October 16 and trimmed October 23 is now effective, freeing 8,253,352 shares for trading — 399,860 already outstanding plus up to 7,853,492 warrant shares — against just 1,387,099 shares outstanding as of October 22. Selling holders' sales generate no cash for the company; its only proceeds come if warrants are exercised, up to roughly $20.1 million gross, which would lift the share count to 9,240,591. That is the real tension: the cash would fund working capital, but the warrant overhang is many times the current float, and the filing itself warns that sales could depress the price. It also flags that all warrants except the September warrants carry exercise-price reset provisions, so the share count could grow further. This lands days after Nasdaq reversed the delisting, with continued listing still conditioned on the October 2 Hearings Panel decision.
How filings like this one have moved
In the 30 days to Oct 27, 2026, 29.9% of the 1374 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WORX was trading at $2.04 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.8M. The 52-week trading range was $1.07 to $147.74. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.