SCHEDULE: Bigger Capital Exits WORK Medical Technology Stake

Bigger Capital Fund, LP and its affiliates have reported a complete divestment of their beneficial ownership in WORK Medical Technology Group LTD's Class A Ordinary Shares.

Summary

• Bigger Capital Fund, LP, Bigger Capital Fund GP, LLC, and Michael Bigger (collectively, the "Reporting Persons") have filed an Amendment No. 1 to Schedule 13G.
• The filing indicates that as of October 13, 2025, the Reporting Persons beneficially own 0.00 Class A Ordinary Shares of WORK Medical Technology Group LTD.
• This represents 0% of the Class A Ordinary Shares, signifying a complete divestment of their previous holdings.
• The shares were not acquired or held for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of a complete divestment by an institutional investor. While an exit can be viewed negatively, the filing itself is neutral in tone and does not provide operational or financial performance data to assess a positive or negative sentiment for the company's business.

Negatives

• A significant institutional investor, Bigger Capital Fund, LP, has fully divested its position in WORK Medical Technology Group LTD, which could be perceived negatively by the market.

Risks

• The complete divestment by an institutional investor could lead to increased selling pressure on the stock.
• A reduction in institutional ownership might be interpreted by other investors as a lack of confidence in the company's future prospects.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or operations.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing is a standard disclosure of a change in beneficial ownership by an institutional investor. It does not provide specific insights into broader industry trends for the medical technology group, but rather reflects a portfolio decision by Bigger Capital.

Stakeholder Impact

• Shareholders: The divestment by Bigger Capital Fund, LP could lead to a reassessment of the company's stock by other investors, potentially impacting share price.
• Potential Investors: May view the exit of an institutional holder as a cautionary signal, influencing investment decisions.

Key Dates

Keywords

WORK Medical Technology Group, Bigger Capital Fund, Schedule 13G, beneficial ownership, divestment, Class A Ordinary Shares, institutional ownership