Work Medical Technology Group Launches 100-for-1 Share Consolidation

Reuters2025-12-31
Work Medical Technology Group Launches 100-for-1 Share Consolidation

Work Medical Technology Group Ltd. has implemented a 100-for-1 share consolidation, reducing the total number of its issued and outstanding shares. The move was made to help the company meet Nasdaq’s minimum bid price requirement and mitigate the risk of delisting. The company’s authorized share capital is now divided into 16,000,000 Class A ordinary shares and 4,000,000 Class B ordinary shares, each with a par value of US$5.00.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Work Medical Technology Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-126623), on December 30, 2025, and is solely responsible for the information contained therein.

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