WOK News

WORK Medical Technology Group, a Chinese manufacturer of disposable medical products, lowered the proposed deal size for its upcoming IPO on Wednesday. The Hangzhou, China-based company now plans to raise $9 million by offering 2 million shares at a price range of $4 to $5. The company had previously filed to offer 3 million shares at the same range. At the midpoint, WORK Medical...read more

WORK Medical Technology Group, a Chinese manufacturer of disposable medical products, announced terms for its IPO on Friday. The Hangzhou, China-based company plans to raise $14 million by offering 3 million shares at a price range of $4 to $5. At the midpoint of the proposed range, WORK Medical Technology Group would command a market value of $70 million. Through its PRC...read more

One small issuer began trading this past week. Six small IPOs submitted initial filings. The week’s news was led by J&J’s consumer health unit Kenvue (KVUE), which set terms for its $3.3 billion listing on Monday. The company’s IPO would be the largest for US markets in over a year, and would more than double IPO proceeds YTD. Kenvue is...read more

WORK Medical Technology Group, a Chinese manufacturer of disposable medical products, filed on Thursday with the SEC to raise up to $10 million in an initial public offering. Through its PRC subsidiaries, WORK Medical Technology develops, manufactures, and sells disposable medical products. Its portfolio currently consists of 20 medical products, including medical face masks,...read more