8-K
SCWorx Corp. (WORX)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D**.C.** 20549
FORM8-K
CURRENT****REPORT
Pursuantto Section 13 orSection 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): March 16, 2021
SCWORX CORP.
(Exact name of registrant as specified in its charter)
| Delaware | 001-37899 | 47-541231 |
|---|---|---|
| (State<br> or other jurisdiction of incorporation) | (Commission<br><br> <br>File<br> Number) | (IRS<br> Employer<br><br> <br>Identification<br> No.) |
590 Madison Avenue, 21st Floor
New York, New York 10022
(Address of Principal Executive Offices)
(844) 472-9679
(Registrant's telephone number)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
| ☐ | Written<br> communications pursuant<br> to<br> Rule<br> 425<br> under the<br> Securities<br> Act<br> (17 CFR<br> 230.425) |
|---|---|
| ☐ | Soliciting<br> material pursuant to<br> Rule<br> l4a-12 under<br> the Exchange<br> Act<br> (17<br> CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement<br> communications<br> pursuant<br> to<br> Rule<br> 14d-2(b)<br> under the Exchange<br> Act (17<br> CFR<br> 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange<br> Act (17<br> CFR 240.13e-4(c)) |
| --- | --- |
Securities registered pursuant to Section I 2(b) of the- Act: None.
| Title<br> of each<br> class | Trading<br> Symbol(s) | Name<br> of each exchange on which<br> registered |
|---|---|---|
| Common<br> stock, par value<br><br> <br>$0.001<br> per share | WORX | The<br> Nasdaq Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| ☒ | Emerging<br> growth company |
|---|---|
| ☐ | If<br> an emerging growth<br> company,<br> indicate<br> by check mark if the registrant has elected<br> not<br> to use the<br> extended<br> transition period for complying with any new or<br> revised<br> financial accounting standards<br> provided<br> pursuant to Section 13(a) of the Exchange Act. |
| --- | --- |
Item5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officer.
On March 16, 2021, Alton Irby was appointed to the Board of Directors of SCWorx, Corp., a Delaware corporation (the "Company"). Mr. Irby was also appointed to serve on the Audit Board Committees. Mr. Irby will serve until the next annual meeting of shareholders and until his successor is appointed and qualified or until his earlier resignation or removal.
The Board of Directors has approved the award of 100,000 Restricted Stock Units, as compensation for serving on the Board and at least one committee, to each director who is elected at the Shareholder Meeting expected to be held in May, 2021.
Alton Irby is a co-founder of London Bay Capital and has been Chairman of the firm Since 2006. London Bay Capital makes investments in private companies, and also provides business advisory services. Mr. Irby is a seasoned executive with a highly successful track record in the financial services and investment banking industries in both the UK and the US from 1982 to the present. Mr. Irby has served on the boards on several public and private companies including 17 years as a director of The McKesson Corporation chairing both the Compensation and Finance Committees.
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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.
Dated: March 16, 2021
| SCWorx Corp. | |
|---|---|
| By: | /s/ Timothy A. Hannibal |
| Name<br><br> <br>Title: | Timothy A. Hannibal<br><br>President & COO |
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