SCWorx shares surge 12.79% intraday after renewing healthcare partner agreement with 113% higher contract value.

SCWorx Corp. (WORX) surged 12.79% intraday after being granted an 180-day extension by Nasdaq to meet the minimum bid price requirement. This regulatory relief addresses ongoing delisting risks, providing the company additional time to stabilize its stock price and comply with exchange standards. The extension, announced six days prior, likely alleviated investor concerns about potential delisting, sparking immediate intraday buying activity. Other recent news, such as a healthcare partnership renewal and CTO appointment, occurred earlier and may have contributed to gradual momentum but are less directly tied to the sharp intraday rally.