WORK Medical to Execute 1-for-100 Reverse Stock Split, Shares Drop to 2.42M
WOK•WORK Medical will consolidate its Class A and B ordinary shares at a 1-for-100 ratio effective June 18, 2026, reducing outstanding Class A shares from 241.65 million to approximately 2.42 million. Fractional shares will be rounded up, and shares will continue trading on Nasdaq under CUSIP G9767H133.
1. Reverse Stock Split Execution
WORK Medical will consolidate every 100 Class A and B ordinary shares into one share effective June 18, 2026, reducing issued Class A shares from 241,653,844 to approximately 2.42 million post-split. The reverse split will not alter shareholders’ percentage ownership aside from fractional share rounding.
2. Nasdaq Trading and CUSIP Update
On June 18, 2026, WORK Medical’s Class A ordinary shares will trade on the Nasdaq Capital Market under the same symbol with new CUSIP G9767H133 beginning at market open.
3. Shareholder Adjustments and Rounding
Fractional shares resulting from the reverse split will be rounded up to the next whole share. Shareholders holding shares through brokers or nominees will see automatic adjustments and may contact their broker or the company’s transfer agent for questions.
