WORK Medical Technology Group LTD

WORK Medical Technology Group LTD (WOK) priced its initial public offering on Aug 26, 2024 at $4.00 per share, raising $8M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $58M. Hunter Taubman Fischer & Li, Ogier and Jingtian & Gongcheng advised the company and Ortoli Rosenstadt and Allbright Law Offices advised the underwriters.

WORK Medical Technology Group Ltd is a Cayman Islands holding company that operates in China through Work Hangzhou and its subsidiaries. It develops and manufactures Class I and II medical devices and sells disposable Class I and II medical devices.

Status

IPO

Ticker

WOK

Exchange

Nasdaq Capital Market

Priced

Aug 26, 2024

IPO price

$4.00

Raised

$8M

Market cap at IPO price

$58M

First filed

Apr 27, 2023

Company counsel

Hunter Taubman Fischer & Li, Ogier and Jingtian & Gongcheng

Underwriters' counsel

Ortoli Rosenstadt and Allbright Law Offices

Sector

Healthcare

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.