WORK Medical Technology Group LTD Receives Extra 180 Days to Achieve Nasdaq Compliance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 10 2025
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Should l Buy WOK?
Source: Newsfilter
Nasdaq Compliance Notification: WORK Medical Technology Group has been granted an additional 180 days by Nasdaq to meet the minimum bid price requirement after initially failing to do so, with a new deadline set for April 6, 2026.
Stock Performance Requirements: To regain compliance, WORK Medical must achieve a minimum closing bid price of $1.00 per share for at least 10 consecutive business days, with the possibility of Nasdaq extending this requirement based on various factors.
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Analyst Views on WOK
About WOK
Work Medical Technology Group Ltd is a holding company mainly engaged in the manufacturing of medical devices. The Company's main products include medical face masks, artery compression tourniquets, endotracheal tube holders, intubating stylets, guedel airways, and other Class I disposable medical devices, disposable breathing circuits, laryngeal mask airways, endotracheal tubes, anesthetic kit, oxygen face masks, anesthesia masks, laryngoscope blades, yankauer suction sets, nasal oxygen cannulas, and other Class II disposable medical devices, KN95 masks, filtering half mask, and other medical devices, as well as medical innovative devices and equipment, such as visualized prostatic dilatation catheter. The Company principally conducts its businesses in domestic and overseas markets, such as Asia, Africa, Europe, North America, South America, and Oceania.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Sales Agreement Signed: The company has entered into a one-year exclusive distribution agreement with Shanghai Benke Medical Technology, establishing a minimum annual sales target of approximately $1.4 million, which will facilitate the promotion and distribution of the product in East China throughout 2026, further expanding market share.
- Prepayment Assurance: Shanghai Benke has prepaid a performance bond of $142,300, which will be deducted from the final payment or refunded without interest upon achieving the sales target, ensuring the feasibility of the sales goal and stabilizing the company's cash flow.
- Broad Market Prospects: CEO Shuang Wu indicated that with continuous AI algorithm iteration, the product is expected to become standard equipment in tertiary hospitals and primary-care laboratories, supporting early screening of blood disorders and quality control, while optimizing labor costs, showcasing significant market potential.
See More
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- Sales Target Establishment: Under the agreement, Hunan Saitumofei has set a minimum annual sales target of RMB 10 million, with Shanghai Benke prepaying a performance bond of RMB 1 million to ensure the achievement of this target.
- Technological Advantage: The Analyzer has received Class II medical device manufacturing approval from Chinese regulators and utilizes high-resolution digital imaging technology, capable of processing up to 150 samples per batch with an average detection time of no more than three minutes and a classification accuracy of no less than 90%, significantly enhancing clinical testing efficiency.
- Market Expansion Potential: By collaborating with Shanghai Benke, WORK Medical aims to leverage its established presence in the East China market to accelerate the Analyzer's market penetration, laying a solid foundation for future expansion across China and into international markets.
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