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

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 public offering on August 23rd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. After the end of WORK Medical Technology Group LTD Ordinary Shares’ lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

WORK Medical Technology Group LTD Ordinary Shares Stock Performance

Shares of NASDAQ:WOK opened at $2.28 on Friday. WORK Medical Technology Group LTD Ordinary Shares has a 1-year low of $1.87 and a 1-year high of $8.45. The business’s fifty day simple moving average is $4.04.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WORK Medical Technology Group LTD Ordinary Shares stock. Virtu Financial LLC bought a new position in WORK Medical Technology Group LTD Ordinary Shares (NASDAQ:WOK) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 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.