WORK Medical Technology Group LTD Ordinary Shares’ (NASDAQ:WOK) Lock-Up Period To Expire on February 19th

WORK Medical Technology Group LTD Ordinary Shares’ (NASDAQ:WOK) lock-up period will expire on Wednesday, February 19th. WORK Medical Technology Group LTD Ordinary Shares had issued 2,000,000 shares in its IPO on August 23rd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

WORK Medical Technology Group LTD Ordinary Shares Stock Performance

Shares of NASDAQ:WOK opened at $2.17 on Wednesday. WORK Medical Technology Group LTD Ordinary Shares has a one year low of $1.87 and a one year high of $8.45. The company’s fifty day moving average is $4.34.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WORK Medical Technology Group LTD Ordinary Shares stock. Virtu Financial LLC acquired a new stake in WORK Medical Technology Group LTD Ordinary Shares (NASDAQ:WOK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 40,009 shares of the company’s stock, valued at approximately $194,000. Virtu Financial LLC owned 0.28% of WORK Medical Technology Group LTD Ordinary Shares at the end of the most recent reporting period.

WORK Medical Technology Group LTD Ordinary Shares Company Profile

WORK Medical Technology Group Ltd. engages in developing health instruments. It manufactures and sells medical devices, including endotracheal tubes, laryngeal mask airways, heat and moisture exchanging filters, disposable breathing circuits, nebulizer kits, and yankauer suction sets. The company was founded on March 1, 2022 and is headquartered in Hangzhou, China.