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Alliance MMA receives shareholder consent for reverse stock split

Professional mixed martial arts company Alliance MMA Inc. received shareholder approval to effect a reverse stock split with regards to its pending acquisition of SCWorx Corp., a big data software-as-a-service company.

Alliance MMA will acquire 100% of the issued and outstanding common stock of SCWorx, in exchange for its common shares, making SCWorx its wholly owned subsidiary, according to a Jan. 17 SEC filing.

SCWorx is a provider of data content and services connected to the repair, normalization and interoperability of information for healthcare providers and big data analytics for the healthcare industry.