01:33 PM EDT, 08/26/2024 (MT Newswires) -- WORK Medical Technology Group ( WOK ) said Monday it has closed its initial public offering of 2 million shares at $4 each for gross proceeds of $8 million.

The supplier of medical devices in China said it has granted its underwriters a 45-day option to purchase up to an additional 300,000 shares to cover over-allotments, if any. The stock debuted on Nasdaq Friday.

Shares of the company were up about 2% in recent trading.

Price: 3.68, Change: +0.07, Percent Change: +2.08