WOK back in line after 10 days at or above $1.00
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
WORK Medical Technology Group LTD reported it has regained compliance with Nasdaq’s Minimum Bid Price Requirement. Nasdaq confirmed the company maintained a closing bid of $1.00 or greater per Class A ordinary share for 10 consecutive business days, from October 10, 2025 to November 3, 2025.
Nasdaq notified the company on November 4, 2025 that the matter is closed. This follows earlier notices granting time through April 6, 2026 to cure the deficiency under Listing Rule 5550(a)(2).
Positive
- None.
Negative
- None.
FAQ
What did WOK announce in its Form 6-K?
The company regained compliance with Nasdaq’s Minimum Bid Price Requirement after maintaining a closing bid of $1.00 or greater for 10 consecutive business days.
What is Nasdaq’s Minimum Bid Price Requirement for WOK?
Nasdaq Listing Rule 5550(a)(2) requires a minimum bid price of $1.00 per share for the company’s Class A ordinary shares.
Over what period did WOK meet the $1.00 bid price standard?
From October 10, 2025 to November 3, 2025, covering 10 consecutive business days.
When did Nasdaq confirm WOK’s compliance?
Nasdaq sent a confirmation letter on November 4, 2025, stating the matter is closed.
What prior compliance timeline applied to WOK?
After an initial cure period through October 6, 2025, Nasdaq provided an additional 180 days through April 6, 2026 to regain compliance.