Univest Securities, LLC Announces Closing of $2.9 Million Registered Direct Offering for its Client WORK Medical Technology Group LTD (NASDAQ: WOK)
WORK Medical Technology Group LTD - Class A Ordinary Shares (WOK)
Company Research
Source: GlobeNewswire
New York, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of $2.9 million registered direct offering (the “Offering”) for its client WORK Medical Technology Group LTD (NASDAQ: WOK) (the “Company”), a supplier of medical devices in China. Under the terms of the securities purchase agreement, the Company has agreed to sell to several investors 38,999,334 of the Company’s Class A ordinary share, par value $0.0005 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.075 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.0005 per share. The gross proceeds to the Company of the Offering were approximately $2.9 million. Univest Securities LLC acted as the sole placement
Show less
Read more
Impact Snapshot
Event Time:
WOK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WOK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WOK alerts
High impacting WORK Medical Technology Group LTD - Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
WOK
News
- WORK Medical Technology Group (NASDAQ:WOK) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=WOK&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">WaMarketBeat
- WORK Medical Technology Group LTD’s Subsidiary Retains a US$114,000 Service Contract from GemPharmatech CorporationGlobeNewswire
- WORK Medical Technology Group (NASDAQ:WOK) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- WORK Medical Technology Group LTD Announces 1-for-100 Reverse Stock Split Effective October 21, 2025GlobeNewswire
- WORK Medical Technology Group LTD Announces Receipt of Delisting Determination Letter from Nasdaq [Yahoo! Finance]Yahoo! Finance
WOK
Sec Filings
- 12/2/25 - Form 6-K/A
- 11/24/25 - Form 6-K
- 11/24/25 - Form 424B5
- WOK's page on the SEC website