Welcome to our dedicated page for EPWK Holdings Ltd. SEC filings (Ticker: EPWK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
EPWK Holdings Ltd. files as a foreign private issuer, and its regulatory documents record corporate events affecting its cloud-sourcing platform business and Class A ordinary shares. Recent Form 6-K reports cover Nasdaq listing-compliance notices, a share consolidation, changes in the independent registered public accounting firm and shareholder approvals tied to authorized share capital and amended constitutional documents.
The filings also document capital-raising terms, including units made up of Class A ordinary shares or pre-funded warrants and accompanying warrants. These disclosures describe governance actions, audit matters, capital structure changes, securities issuance terms and exchange-compliance risks for the Cayman Islands holding company behind the EPWK platform.
EPWK Holdings Ltd. has replaced its independent registered public accounting firm, appointing Assentsure PAC effective November 17, 2025, after ending its engagement with WWC, Professional Corporation on November 7, 2025.
WWC’s audit reports on EPWK’s financial statements for the fiscal years ended June 30, 2024 and June 30, 2023 contained an explanatory paragraph raising substantial doubt about the company’s ability to continue as a going concern, but no adverse or qualified opinions.
The company states there were no disagreements or reportable events with WWC over accounting principles, financial disclosure, or audit procedures. WWC had identified material weaknesses in internal control related to limited U.S. GAAP/SEC reporting expertise and insufficient financial reporting policies, and EPWK reports it is implementing measures to address them. EPWK also notes it did not consult Assentsure on accounting or audit issues before the new engagement, and WWC has provided a confirming letter to the SEC as an exhibit.
EPWK Holdings Ltd. reported a Nasdaq delisting determination after its Class A ordinary shares had a closing bid price of $0.10 or less for ten consecutive trading days as of October 23, 2025, triggering Listing Rule 5810(c)(3)(A)(iii). The Nasdaq Staff determined to delist the securities from The Nasdaq Capital Market.
The Company can appeal to a Hearings Panel by October 31, 2025. A timely hearing request stays any suspension and the filing of Form 25-NSE while the Panel considers the matter. EPWK requested a hearing on October 28, 2025. The filing notes a $20,000 fee for the hearing.
EPWK Holdings Ltd. completed a best efforts public offering of 24,242,425 units for aggregate gross proceeds of $8 million. Each unit was priced at $0.33 and consists of one Class A ordinary share, or a pre-funded warrant in lieu of a share, plus one warrant to purchase one Class A ordinary share.
The warrants have an exercise price of $0.3465 per share, are exercisable immediately, and expire six months after issuance, with cashless exercise features and a “zero exercise price option” that may result in up to 100,000,000 Class A ordinary shares in aggregate under all warrants. Pre-funded warrants are immediately exercisable at an effective price of $0.0001 per share, subject to a 4.99% (or up to 9.99%) beneficial ownership cap.
EPWK agreed to pay the placement agent a 7% cash fee and a 1% non-accountable expense allowance on the gross proceeds, plus up to $120,000 in additional expenses. Directors, executive officers, and 5% beneficial owners entered into 90-day lock-up agreements. The company plans to use net proceeds for research development, business expansion, working capital, and other general corporate purposes.
EPWK Holdings Ltd. is registering Units, Pre-Funded Warrants and Warrants in an offering that would raise approximately $7,360,000 of proceeds before expenses at an illustrative public offering price of $0.33 per Unit. The Warrants include a zero exercise price option that would allow exercise for no consideration, meaning the company does not expect to receive meaningful proceeds from Warrant exercises. Financials show a net loss of $484,013 for the six months ended Dec 31, 2024, and net losses of $1,202,916 and $1,080,016 for years ended June 30, 2024 and June 30, 2023. Total assets were about $4.51M with total liabilities of about $11.71M, producing a shareholders' deficit. Revenue mix shows growth in premium business solutions to $6.07M while value-added services declined. The company operates a China-based VIE structure, generates substantially all revenue in the PRC, and discloses material Nasdaq listing noncompliance with a regain deadline of Jan 19, 2026.
EPWK Holdings Ltd. reported the results of its extraordinary general meeting of shareholders held on September 15, 2025 in Xiamen, China. Shareholders approved a resolution allowing the board of directors, in its sole discretion and within one calendar year after the meeting, to implement a share consolidation (reverse share split). The plan permits consolidating each 100 existing shares, or a smaller whole number of at least 2 as the board may choose, into 1 share with the same rights except for par value changes.
Shareholders also approved that no fractional shares will be issued; if a holder would otherwise receive a fraction, their total will be rounded up to the next whole share. Any related change to the company’s authorized share capital needed to effect the consolidation was approved, and a director or officer was authorized to take all necessary steps to implement the consolidation if and when the board decides it is advisable.