24/7 Market News – (NASDAQ: WORX) shares are up this morning more than 64% on share buy back program. Currently trading for $1.02 the stock is up more than 65% as of this post and has more than 11,000 trades on 3.7 million in volume.
[mstock id=”73007″ asset=”worx”]
SCWorx Announces Common Stock Purchase Agreement with Institutional Investor
New York, NY, July 05, 2022 (GLOBE NEWSWIRE) — SCWorx Corp., a Delaware corporation (the “Company”), announced that it has entered into a common stock purchase agreement (the “Purchase Agreement”) with an institutional investor (the “Institutional Investor” or “Investor”). Under the terms and subject to the conditions of the Purchase Agreement, SCWorx will have the right, but not the obligation, to issue and sell to the Investor up to $5 million of SCWorx common stock from time-to-time over the approximately 24-month term of the Purchase Agreement.