SCWorx shares surge 31.71% after-hours after announcing new academic hospital customer agreement for data management services.

SCWorx (WORX) surged 31.71% in after-hours trading following multiple positive developments. The company announced a new customer agreement with a Midwest-based 500-bed academic hospital to provide data management services for Workday initiatives, signaling growing demand for its healthcare solutions. Additionally, SCWorx secured a three-year contract renewal valued at $1.692 million—a 113% increase over prior terms—and raised $721,574 through warrant exercises. These milestones, coupled with a Nasdaq compliance extension, underscore improved financial positioning and operational momentum for the struggling micro-cap. The CEO highlighted the hospital partnership as evidence of sustained interest in SCWorx’s academic healthcare offerings, reinforcing near-term optimism.