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SEC Filings

PRER14A
SCWORX CORP. filed this Form PRER14A on 01/07/2019
Entire Document
 
(3)
Represents the conversion of the outstanding notes payable – related party balance and accrued interest into Series A preferred shares. Alliance MMA has $300,000 of notes payable-related party and $17,659 of accrued interest that will convert into Series A Preferred stock and SCWorx has $1,471,070 of notes payable-related party and $282,537 of accrued interest that will convert into Series A preferred stock.
(4)
Represents the conversion of the outstanding $200,000 notes payable and $34,425 accrued interest into Series A preferred stock.
(5)
Represents the conversion of  $100,000 of payables related to discontinued operations into Series A preferred stock.
(6)
The unaudited Condensed Combined Balance Sheet has been adjusted to eliminate SCWorx’s common stock.
(7)
Represent the unallocated purchase price of SCWorx’s acquisition of Alliance MMA (treated as an acquisition of Alliance for accounting purposes). The final purchase price allocation, which will be based upon a third party valuation and will result in the allocation of tangible and intangible assets different than presented in this Pro Forma Condensed Combined Balance Sheet. Also includes the issuance of 100,000,000 common shares to existing SCWorx shareholders.
(8)
The unaudited Condensed Combined Balance Sheet has been adjusted to eliminate Alliance MMA’s historical retained deficit.
See notes to unaudited pro forma condensed combined financial statements
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