WORK Medical Technology (WOK) Announces Pricing of Registered Offering

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WORK Medical Technology Group LTD Announces Pricing of Registered Offering

May 21, 2025 9:00 AM EDT

Hangzhou, China, May 21, 2025 (GLOBE NEWSWIRE) -- WORK Medical Technology Group LTD (Nasdaq: WOK) (WORK Medical or the Company), a supplier of medical devices in China, through its subsidiary, Work (Hangzhou) Medical Treatment Equipment Co., Ltd. and its subsidiaries in China, today announced the pricing of a registered offering (the Offering) of 10,000,000 ordinary units (the Ordinary Units) or pre-funded units (the Pre-funded Units) in lieu thereof at an offering price of $0.50 per Ordinary Unit and $0.4995 per Pre-funded Unit. For each Pre-funded Unit sold by the Company, the number of Ordinary Units being offered by the... More