Financing ·
WORK Medical Technology Group LTD closed a private placement of securities on August 18, 2026, raising approximately…
WOKWORK Medical Technology Group Ltd
WORK Medical Technology Group LTD closed a private placement of securities on August 18, 2026, raising approximately $2,125,000 in aggregate gross proceeds. The company issued 2,000,000 Class A ordinary shares at $1.00 per share and 50,000 Class B ordinary shares at $2.50 per share to non-U.S. investors under Regulation S exemptions. Following the transaction, outstanding shares totaled 4,416,569 Class A and 51,009 Class B shares. The company intends to use the proceeds for business expansion, working capital, and general corporate purposes. WORK Medical Technology Group LTD operates in the medical technology industry, developing and commercializing medical devices.