India, June 16 -- WORK Medical Technology Group Ltd. (WOK) will implement a 1-for-100 reverse stock split of its Class A and Class B ordinary shares, with the change becoming effective at the market open on June 18, 2026.
The company said its shares will continue trading on the Nasdaq Capital Market under the ticker WOK, with a new CUSIP number assigned following the consolidation.
Ahead of the split, WORK Medical had 241.6 million Class A shares outstanding. After the 1-for-100 consolidation, the share count will be reduced to roughly 2.42 million, with fractional shares rounded up to the nearest whole share.
The company noted that the reverse split will affect all shareholders uniformly and will not change any investor's percentage own...