EPWK requests Nasdaq hearing after delisting notice on low bid

Rhea-AI Filing Summary

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.

Positive

• None.

Negative

• Nasdaq delisting determination following a closing bid of $0.10 or less for ten consecutive trading days, potentially impacting listing status and liquidity.

Insights

Equity Listing & Market Structure Analyst

Nasdaq delisting move; hearing requested, stay in effect upon appeal.

EPWK received a Nasdaq determination to delist after the stock's closing bid was $0.10 or less for ten straight sessions, invoking Rule 5810(c)(3)(A)(iii). This is a material listing-compliance event that can affect liquidity and investor access if delisting proceeds.

The company may appeal by October 31, 2025, and it requested a hearing on October 28, 2025. A hearing request stays suspension and the Form 25-NSE while the Panel reviews the case. The process requires a $20,000 fee.

Outcome depends on the Panel's decision. Until then, trading can continue under the stay. Subsequent filings may provide the Panel schedule and any conditions imposed.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2025

Commission File Number: 001-42501

EPWK HOLDINGS LTD.

(Translation of registrant’s name into English)

Building #2, District A, No. 359 Chengyi Road

The third phase of Xiamen Software Park

Xiamen City, Fujian Province

The People’s Republic of China, 361021

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒           Form 40-F ☐

On October 24, 2025, EPWK Holdings Ltd. (the “Company”) received a letter (the “Notification Letter”) from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market, LLC (“Nasdaq”), notifying the Company that, as of October 23, 2025, the Company’s Class A ordinary shares had a closing bid price of $0.10 or less for ten consecutive trading days, and accordingly, the Company is subject to the provisions contemplated under Listing Rule 5810(c)(3)(A)(iii). As a result, the Staff has determined to delist the Company’s securities from The Nasdaq Capital Market.

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 $20,000. The Company requested a hearing by the Panel on October 28, 2025.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	EPWK Holdings Ltd.
Date: October 28, 2025	By:	/s/ Guohua Huang
	Name:	Guohua Huang
	Title:	Chief Executive Officer, Director, and Chairman of the Board of Directors

2

FAQ

What happened to EPWK (EPWK) regarding its Nasdaq listing?

Nasdaq Staff determined to delist EPWK’s securities after its Class A shares had a closing bid of $0.10 or less for ten consecutive trading days as of October 23, 2025.

Which Nasdaq rule was triggered for EPWK?

Listing Rule 5810(c)(3)(A)(iii) was triggered due to the closing bid price condition.

Can EPWK appeal the Nasdaq delisting determination?

Yes. The company can appeal to a Hearings Panel by October 31, 2025, which stays any suspension and the Form 25-NSE during the appeal.

Did EPWK request a hearing?

Yes. EPWK requested a hearing on October 28, 2025.

What is the fee associated with EPWK’s appeal hearing?

The filing notes a $20,000 fee for the hearing.

What happens to trading during EPWK’s appeal process?

Upon a timely hearing request, suspension and the filing of Form 25-NSE are stayed while the Panel considers the matter.