EPWK Holdings Ltd. Announces Receipt of Nasdaq Delisting Notification Letter
Rhea-AI Summary
EPWK Holdings (Nasdaq: EPWK) received a Nasdaq Listing Qualifications Staff letter notifying the company that its Class A ordinary shares had a closing bid of $0.10 or less for ten consecutive trading days as of October 23, 2025, and that the Staff has determined to delist the company's securities from The Nasdaq Capital Market.
The company has the right to appeal to a Nasdaq Hearings Panel by October 31, 2025; a hearing request stays the suspension of trading and the filing of Form 25-NSE pending the Panel's decision. The company requested a hearing on October 28, 2025. The hearing fee is $20,000.
Positive
- Hearing request filed on October 28, 2025
- Filing a hearing stays suspension and Form 25-NSE
Negative
- Nasdaq determined to delist securities
- Closing bid ≤ $0.10 for ten consecutive trading days as of Oct 23, 2025
- Hearing fee of $20,000 required
News Market Reaction 15 Alerts
On the day this news was published, EPWK gained 3.60%, reflecting a moderate positive market reaction. Argus tracked a peak move of +34.2% during that session. Argus tracked a trough of -18.9% from its starting point during tracking. Our momentum scanner triggered 15 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $125K to the company's valuation, bringing the market cap to $4M at that time.
Data tracked by StockTitan Argus on the day of publication.
The Company has the opportunity to appeal Staff's determination to a Hearings Panel (the "Panel") by October 31, 2025. The hearing request will stay the suspension of the Company's securities and the filing of the Form 25-NSE pending the Panel's decision. The fee for the hearing is
About EPWK Holdings Ltd.
The Company connects businesses with outstanding talent through an innovative and efficient integrated crowdsourcing platform, providing creative transaction services for small and medium-sized enterprises and suppliers. The Company was founded by Guohua Huang, former chief reporter of Fujian Daily Press Group, and conducts its operations through its subsidiaries and contractual arrangements with the variable interest entity in
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the offering will be closed. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
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SOURCE EPWK HOLDINGS LTD.
FAQ
Why did Nasdaq notify EPWK of delisting on October 23, 2025?
What deadline does EPWK have to appeal the Nasdaq delisting determination?
Will requesting a hearing stop EPWK's Nasdaq suspension or delisting?
When did EPWK request a hearing with the Nasdaq Hearings Panel?
How much is the Nasdaq hearing fee EPWK must pay?
