Founded in 1993, we, Univest Securities, pride ourselves in providing high level of value-added service to both our corporate and individual clients across the globe.
Univest today announced the closing of registered offering for its client WORK Medical Technology Group LTD (Nasdaq: WOK), a supplier of medical devices in China, through its subsidiary, Work (Hangzhou) Medical Treatment Equipment Co., Ltd. and its subsidiaries in China. Under the terms of the securities purchase agreement, the Company has agreed to sell to several investors for the purchase and sale of an aggregate of 10,000,000 ordinary units at an offering price of $0.50 per Ordinary Unit.
The aggregate gross proceeds to the Company were approximately $5 million. Univest acted as the sole book-running manager.
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