SCWorx Corp. (WORX) experienced an incline of 22.67% in premarket. However, the last trading session concluded at $1.5 with a decline of 1.96%.
Funding by an Institutional Investor – All Recent Updates
On 23rd September 2021, WORX announced that it has concluded the offer, acquisition, and distribution of 298,883 shares of common stock. SCWorx continues to execute its plan of enhancing the overall health of the business. Moreover, the company is thrilled to collaborate with this investor.
Now what?
For hospital clients, the epidemic has been tremendously difficult. The solutions bring much-needed cost reductions, data integrity, and productivity to hospitals at a time when they are most in need. Furthermore, WORX is in a unique position to bring many layers of quality and price savings to the country’s healthcare professionals. And they look forward to assisting them in accomplishing their objectives with this investment.
New Appointment to Board of Directors by WORX
On 15th March 2021, WORX reported that Alton Irby has been appointed as a member of the Board of Directors. The Nasdaq Stock Market previously informed the Company that it did not meet the audit standards for continuing listing on the Nasdaq Capital Market as a result of Charles K. Miller’s departure. Nasdaq has notified the Company that it now conforms with its audit committee regulation.
So what?
WORX happily welcomes Mr. Irby to the SCWorx board of directors. They think Mr. Irby’s extensive expertise as an investment banker and counselor to several business boards in the United States and Europe would benefit SCWorx. His 17 years as a senior member of McKesson Corporation’s Board of Directors has given him invaluable healthcare knowledge.
WORX Consultant Role – Who’s the new addition to the team?
On 25th January 2021, WORX announced that Marc Schessel is stepping down as CEO to focus his efforts as a consultant on assisting the company’s data plans. Mr. Schessel, the company’s founder, and CEO has worked relentlessly for the company’s expansion and growth. Moreover, he is a healthcare supply chain specialist who will keep helping SCWorx on a daily basis.
