SCWorx Corp. Files 8-K on Officer/Director Changes
Ticker: WORX · Form: 8-K · Filed: Nov 4, 2024 · CIK: 1674227
| Field | Detail |
|---|---|
| Company | Scworx Corp. (WORX) |
| Form Type | 8-K |
| Filed Date | Nov 4, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $230 billion, $50 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, corporate-governance
TL;DR
SCWorx filed an 8-K detailing changes in directors and officers as of Oct 31.
AI Summary
SCWorx Corp. filed an 8-K on November 4, 2024, reporting on events as of October 31, 2024. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. The company was formerly known as Alliance MMA, Inc. and changed its name on May 10, 2016.
Why It Matters
This filing indicates potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: medium — Changes in directorship and officer appointments can signal internal restructuring or strategic shifts that may carry inherent risks.
Key Players & Entities
- SCWorx Corp. (company) — Registrant
- Alliance MMA, Inc. (company) — Former company name
- October 31, 2024 (date) — Date of earliest event reported
- November 4, 2024 (date) — Filing date
- May 10, 2016 (date) — Date of name change
FAQ
What specific changes occurred regarding directors or officers on October 31, 2024?
The filing indicates events related to the departure of directors or certain officers, election of directors, and appointment of certain officers, but the specific details of these changes are not provided in the provided text.
What are the compensatory arrangements for the officers mentioned in the filing?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item covered, but the specific details of these arrangements are not included in the provided text.
When did SCWorx Corp. change its name from Alliance MMA, Inc.?
SCWorx Corp. changed its name from Alliance MMA, Inc. on May 10, 2016.
What is the principal executive office address for SCWorx Corp.?
The principal executive office address for SCWorx Corp. is 100 S Ashley Dr, Suite 100, Tampa, FL 33602.
What is the filing date of this 8-K report?
This 8-K report was filed on November 4, 2024.
Filing Stats: 895 words · 4 min read · ~3 pages · Grade level 12.5 · Accepted 2024-11-04 06:02:28
Key Financial Figures
- $0.001 — registered Common stock, par value $0.001 per share WORX The Nasdaq Capital Ma
- $230 billion — played a pivotal role in managing over $230 billion in healthcare supply spend, consolidati
- $50 million — antial business growth, delivering over $50 million in new revenue within a few years. Mr.
Filing Documents
- ea0219507-8k_scworx.htm (8-K) — 34KB
- 0001213900-24-093701.txt ( ) — 206KB
- worx-20241031.xsd (EX-101.SCH) — 3KB
- worx-20241031_lab.xml (EX-101.LAB) — 33KB
- worx-20241031_pre.xml (EX-101.PRE) — 22KB
- ea0219507-8k_scworx_htm.xml (XML) — 4KB
02, Departure of Directors or Principal Officers; Election
Item 5.02, Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officer . Resignation of Directors On October 31, 2024, Alton Irby and Steven Horowitz, resigned from the Board of Directors and from their positions as members of the Audit, Compensation and Nominating and Corporate Committees of SCWorx Corp (the "Company"). Appointment of New Directors On October 31, 2024, Michael Burke and Troy Kirchenbauer were appointed to the Board of Directors of SCWorx, Corp., a Delaware corporation. Each of Messrs. Burke and Kirchenbauer constitute "independent directors" within the meaning of applicable rules of the Nasdaq Stock Market. Each of them was also appointed to serve on the Audit, Compensation and Nominating Committees of the Board of directors. Mr. Burke was appointed Chairman of the Audit Committee and Mr. Kirchenbauer was appointed Chairman of the Compensation Committee. Mr Kirchenbauer was appointed Chairman of the board, to serve in such capacity until the next annual meeting of shareholders. After giving effect to the foregoing appointments, the composition of each Committee of the Board of Directors is as follows: Audit Committee: Michael Burke Vincent Matozzo Troy Kirchenbauer Compensation Committee: Troy Kirchenbauer Michael Burke Vincent Matozzo Nominating and Corporate Governance Committee: Vincent Matozzo Michael Burke Troy Kirchenbauer Compensation for each of Messrs. Burke and Kirchenbauer is to be determined at a later time. Michael Burke Mr. Burke was formerly the Executive Vice President and CFO of Prisma Health from 2018-2022. Prior to Prisma Health Mr. Burke served as CFO of NYU Langone Medical Center from December 2008 to July 2018 and formerly served as CFO to Tufts New England Medical Center from 2004 to 2008. His experience with disaster recovery, large financial system integration projects, and mergers and acquisitions at each institution provides valuable insights to clients a
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SCWorx Corp. By: /s/ Timothy Hannibal Timothy Hannibal CEO Dated: November 4, 2024 3