SCHEDULE: SCWorx Corp. Beneficial Ownership Update Filed

SCWorx Corp. has filed a Schedule 13G detailing beneficial ownership changes, with Intracoastal Capital LLC, Mitchell P. Kopin, and Daniel B. Asher collectively holding 9.1% of common stock.

Summary

• A Schedule 13G filing was made concerning SCWorx Corp. common stock.
• The filing is on behalf of Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC.
• As of September 23, 2026, the reporting persons collectively beneficially owned 50,000 shares of common stock.
• This ownership represents approximately 9.1% of the outstanding common stock.
• The reported ownership excludes 50,000 shares issuable upon exercise of a warrant due to a blocker provision.
• If the blocker provision were not in effect, beneficial ownership would be 100,000 shares.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily an administrative update regarding beneficial ownership, with no new financial performance data or strategic shifts disclosed.

Positives

• The reporting persons have a clear understanding of their beneficial ownership and its percentage of the class.
• The filing clearly outlines the shares held and the potential shares if a warrant were exercised without the blocker provision.

Negatives

• The filing does not provide any new financial performance data or operational updates for SCWorx Corp.
• The presence of a blocker provision on the warrant limits the immediate exercisable ownership.

Risks

• The blocker provision on the warrant limits the reporting persons' ability to exercise their full potential ownership without exceeding the 4.99% threshold.
• The filing does not provide insight into the underlying business performance or future prospects of SCWorx Corp.

Future Outlook

No forward-looking statements or guidance are provided in this filing, as it solely pertains to beneficial ownership.

Management Comments

• Each reporting person acknowledges responsibility for the completeness and accuracy of their own information but not for others, except to the extent they know or have reason to believe information is inaccurate.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and significant individual holders to report their stakes in public companies. This filing indicates a substantial, though capped, interest in SCWorx Corp. by the reporting persons.

Stakeholder Impact

• Shareholders may note the significant stake held by the reporting persons, which could influence future corporate actions or governance discussions.
• The presence of a blocker provision on a warrant held by a significant stakeholder might indicate a cautious approach to increasing ownership beyond a certain threshold.

Next Steps

• The reporting persons will continue to file amendments to Schedule 13G as necessary for any changes in beneficial ownership.
• Intracoastal Capital LLC may seek to exercise its warrant, subject to the blocker provision.

Key Dates

Keywords

SCWorx Corp., Schedule 13G, Beneficial Ownership, Intracoastal Capital LLC, Mitchell P. Kopin, Daniel B. Asher, Warrant, Blocker Provision