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An update from WORK Medical Technology Group LTD ( (WOK) ) is now available.
On September 12, 2025, WORK Medical Technology Group LTD held an extraordinary general meeting where shareholders approved resolutions for a share consolidation and an increase in authorized share capital to ensure compliance with Nasdaq’s minimum bid price requirement. The consolidation, effective October 21, 2025, adjusted the company’s share structure to prevent delisting risks, with shares now trading under the same symbol ‘WOK’ but with a new CUSIP number. This strategic move aims to stabilize the company’s market position and maintain its Nasdaq listing, impacting shareholders by consolidating shares at a 100:1 ratio and increasing authorized capital to $10 million.
The most recent analyst rating on (WOK) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on WORK Medical Technology Group LTD stock, see the WOK Stock Forecast page.
Spark’s Take on WOK Stock
According to Spark, TipRanks’ AI Analyst, WOK is a Underperform.
WORK Medical Technology Group LTD is facing severe financial and operational challenges, as reflected in its poor financial performance and bearish technical indicators. The lack of profitability and absence of shareholder returns further exacerbate the company’s valuation concerns. Immediate strategic interventions are necessary to address these issues.
To see Spark’s full report on WOK stock, click here.
More about WORK Medical Technology Group LTD
WORK Medical Technology Group LTD operates in the medical technology industry, focusing on the development and distribution of advanced medical devices and technologies. The company is based in Hangzhou City, Zhejiang Province, China, and is listed on the Nasdaq Stock Market.
Average Trading Volume: 16,151,891
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.11M
For an in-depth examination of WOK stock, go to TipRanks’ Overview page.