WORK Medical Technology Group LTD Announces Pricing of Initial Public Offering
WORK Medical Technology Group LTD - Ordinary Shares (WOK)
Company Research
Source: GlobeNewswire
Hangzhou, China, Aug. 23, 2024 (GLOBE NEWSWIRE) -- WORK Medical Technology Group LTD (the "Company"), a supplier of medical devices in China, today announced the pricing of the initial public offering (the "Offering") of its 2,000,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on August 23, 2024 under the ticker symbol "WOK." The Company expects to receive aggregate gross proceeds of US$8.00 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 ordinary shares at the public offering price, less underwriting discounts. The Offering is expected to close on or about August 26, 2024, subject to the satisfaction of customary closing conditions. Proceeds from the Offering will be used for (i)
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News
- WORK Medical Technology Group LTD Announces Partial Exercise of Underwriters’ Over-Allotment OptionGlobeNewswire
- Kingswood Capital Partners, LLC Announces Closing of $8 Million Initial Public Offering of Ordinary Shares for its Client WORK Medical Technology Group LTD. (Nasdaq: WOK)GlobeNewswire
- WORK Medical Technology Group LTD Announces Closing of Initial Public OfferingGlobeNewswire
- Kingswood Capital Partners, LLC Announces Pricing of $8 Million Initial Public Offering of Ordinary Shares for its Client WORK Medical Technology Group LTD. (Nasdaq: WOK)GlobeNewswire