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Work Medical Technology closes private placement, raising $2.13 million

PUBT·08/24/2026 20:31:07
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Work Medical Technology closes private placement, raising $2.13 million
  • Work Medical Technology Group closed a private placement on Aug. 18, 2026, raising gross proceeds of about $2.13 million.
  • Issued 2,000,000 Class A ordinary shares at $1 each.
  • Sold 50,000 Class B ordinary shares at $2.5 each.
  • Proceeds earmarked for business expansion, working capital, general corporate purposes.
  • Post-deal share count: 4,416,569 Class A shares, 51,009 Class B shares outstanding.


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: 0001213900-26-093068), on August 24, 2026, and is solely responsible for the information contained therein.