SCHEDULE: Iroquois Capital Boosts SCWorx Stake to 6.8%

Iroquois Capital Management, Richard Abbe, and Kimberly Page disclose increased beneficial ownership in SCWorx Corp., with Richard Abbe holding 6.8% of common stock.

Summary

• Iroquois Capital Management, LLC, Richard Abbe, and Kimberly Page have filed an amendment to their Schedule 13G for SCWorx Corp.
• Richard Abbe, individually and through his association with Iroquois Capital Management LLC, beneficially owns 1,153,662 shares of SCWorx Corp. common stock, representing 6.8% of the class.
• Iroquois Capital Management, LLC and Kimberly Page each beneficially own 960,140 shares, representing 5.7% of the class.
• The reported beneficial ownership includes shares issuable upon the exercise of Warrants and conversion of Convertible Notes.
• These Warrants and Convertible Notes are subject to 'Beneficial Ownership Blockers' (4.99% or 9.99%), which prevent the holders from exercising or converting if it would result in ownership exceeding these thresholds.
• As a result, the Reporting Persons were not able to exercise all Warrants or convert all Convertible Notes as of the event date due to these blockers.
• The percentages are based on 15,826,834 shares of common stock outstanding as of September 30, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q filed on November 12, 2025.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive development, reflecting ongoing passive investment interest in SCWorx Corp. by Iroquois Capital Management and its principals, without suggesting any immediate strategic shifts or financial performance changes.

Positives

• Increased beneficial ownership by institutional and individual investors may signal confidence in SCWorx Corp.'s future prospects.
• The filing indicates a long-term investment strategy, as the reporting persons certify the securities were not acquired for the purpose of changing or influencing control.

Negatives

• The presence of Beneficial Ownership Blockers limits the immediate conversion of all potential shares from Warrants and Convertible Notes, which could impact liquidity or future capital structure flexibility for the investors.

Risks

• The Beneficial Ownership Blockers restrict the ability of the reporting persons to fully convert their Warrants and Convertible Notes, potentially limiting their influence or ability to realize full value from these instruments if they wished to exceed the stated thresholds.

Future Outlook

The filing does not contain specific forward-looking statements or guidance from SCWorx Corp. or the reporting persons regarding the company's future performance or strategic direction, beyond the implied long-term investment intent.

Management Comments

• The reporting persons certify that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures by passive investors who acquire more than 5% of a company's stock. This filing indicates continued interest from Iroquois Capital Management and its principals in SCWorx Corp., a common occurrence for micro-cap or small-cap companies where institutional investors can quickly accumulate significant stakes.

Comparison to Industry Standards

• This filing is a standard disclosure of beneficial ownership and does not contain performance metrics suitable for direct comparison to industry benchmarks or specific comparable companies. The beneficial ownership percentages are within typical ranges for institutional investors in small-cap companies.

Stakeholder Impact

• Shareholders: The disclosure of significant beneficial ownership by institutional investors could be viewed positively, signaling confidence. The beneficial ownership blockers might limit the immediate dilution from full conversion of warrants/notes, which could be seen as a minor positive for existing shareholders.
• Employees, Customers, Suppliers, Creditors: No direct impact mentioned or implied by this filing.

Next Steps

• The filing does not explicitly mention any future actions, events, or milestones for SCWorx Corp. or the reporting persons, beyond the ongoing passive investment.

Key Dates

Recommendation

This Schedule 13G filing is a routine disclosure of passive beneficial ownership and does not provide new financial performance data or strategic updates that would warrant a change in investment recommendation. The continued stake by Iroquois Capital Management suggests ongoing, non-activist interest, supporting a 'hold' position for investors awaiting more substantive operational or financial news from SCWorx Corp.

Keywords

SCWorx Corp, Iroquois Capital Management, Richard Abbe, Kimberly Page, Schedule 13G, Beneficial Ownership, Common Stock, Warrants, Convertible Notes, SEC Filing