An announcement from SCWorx ( (WORX) ) is now available.

On July 22, 2026, SCWorx Corp. held its 2026 Annual Meeting of Stockholders, where shareholders elected directors Timothy A. Hannibal, Troy Kirchenbauer, Vincent Matozzo and Michael Burke to serve until the next annual meeting, with no votes cast against any nominee. In the same meeting, shareholders voted against the non-binding advisory proposal on executive compensation, strongly approved the ratification of Astra Audit & Advisory, LLC as the company’s independent auditor for 2026 and authorized a reverse stock split within a specified ratio range to help the company regain compliance with Nasdaq’s $1.00 minimum bid price requirement, signaling both governance continuity and a focus on maintaining its stock market listing.

These voting outcomes underscore investor support for the company’s board and audit oversight, while the rejection of the executive pay resolution highlights shareholder concerns about compensation practices. Approval of the reverse stock split authorization suggests that investors are prepared to accept capital structure adjustments to protect the company’s Nasdaq listing status, with implications for existing shareholders in terms of potential share consolidation and price dynamics.