WORK Medical Technology Group LTD Ordinary Shares’ Lock-Up Period To End Tomorrow (NASDAQ:WOK)

WORK Medical Technology Group LTD Ordinary Shares’ (NASDAQ:WOK) lock-up period is set to end 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, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

WORK Medical Technology Group LTD Ordinary Shares Price Performance

WORK Medical Technology Group LTD Ordinary Shares stock opened at $2.28 on Tuesday. The stock’s fifty day moving average price is $3.95. WORK Medical Technology Group LTD Ordinary Shares has a fifty-two week low of $1.87 and a fifty-two week high of $8.45.

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 position in WORK Medical Technology Group LTD Ordinary Shares (NASDAQ:WOK) during the 4th quarter, according to the company in its most recent 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 about 0.28% of WORK Medical Technology Group LTD Ordinary Shares at the end of the most recent quarter.

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.