EPWK appoints Assentsure PAC as new auditor after WWC tenure

Rhea-AI Filing Summary

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.

Insights

Audit & Governance Analyst

EPWK changes auditors amid existing going concern and control weaknesses.

EPWK Holdings Ltd. has shifted its independent auditor role from WWC to Assentsure PAC, with WWC’s engagement ending on November 7, 2025 and Assentsure’s beginning on November 17, 2025. The company reports this change was approved by the audit committee and not driven by disagreements over accounting principles, financial disclosures, or audit scope.

WWC’s prior audit opinions on the fiscal years ended June 30, 2024 and June 30, 2023 were unqualified but carried an explanatory paragraph indicating substantial doubt about EPWK’s ability to continue as a going concern. WWC also identified material weaknesses in internal control, including a lack of personnel with U.S. GAAP and SEC reporting expertise and insufficient financial reporting policies and procedures, which the company says it is working to remediate.

EPWK states it did not consult Assentsure on specific accounting treatments or audit opinions before the new appointment. The existence of a going concern explanatory paragraph and internal control material weaknesses highlights elevated financial reporting and liquidity risk, while the auditor change adds another governance development for investors to consider alongside future audited financial statements.

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 November 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 ☐

Changes in Company’s Certifying Accountant

On November 17, 2025, the audit committee (the “Audit Committee”) of the board of the directors of EPWK Holdings Ltd., a Cayman Islands company (the “Company”), approved the change of the Company’s independent registered public accounting firm from WWC, Professional Corporation (“WWC”) to Assentsure PAC (“Assentsure”). The engagement with WWC ended as of November 7, 2025, and the engagement of Assentsure became effective as of November 17, 2025. The change was approved by the Audit Committee. The Company’s decision of the change of the Company’s independent registered public accounting firm was not the result of any disagreement between the Company and WWC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.

The principal accountant’s report of WWC on the financial statements of the Company as of and for the fiscal years ended June 30, 2024 and 2023 did not contain any adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles, except that audit reports included an explanatory paragraph that described factors that raised substantial doubt about the Company’s ability to continue as a going concern. WWC was engaged since September 7, 2021.

During the fiscal years ended June 30, 2024 and 2023 and the subsequent interim period through November 7, 2025, date of termination of the engagement, (i) there were no “disagreements” (as described in Item 16F(a)(1)(iv) of Form 20-F and the related instructions) between the Company and WWC on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to WWC’s satisfaction, would have caused WWC to make reference to the subject matter of the disagreement(s) in connection with its report to the subject matter of the disagreement; and (ii) there were no “reportable events” of the type described in Item 16F(a)(1)(v) of Form 20-F.

During the audit of the Company’s financial statements as of and for the year ended June 30, 2024 and 2023, WWC identified certain material weaknesses in the Company’s internal controls which were: (i) lack of sufficient accounting and financial reporting personnel with requisite knowledge and experience in application of U.S. GAAP and SEC rules and (ii) lack of financial reporting policies and procedures that are commensurate with U.S. GAAP and SEC reporting requirements. These material weaknesses are described in the Company’s Registration Statement on Form F-1 (Registration No. 333-290300), which was initially filed with the Securities and Exchange Commission (the “SEC”) on September 16, 2025 and declared effective by the SEC on September 30, 2025. The Company is in the process of implementing a number of measures to address these material weaknesses identified.

During the two most recent fiscal years and the subsequent interim period through November 17, 2025, neither the Company nor anyone on its behalf consulted with Assentsure regarding (i) the application of accounting principles to a specified transaction, either completed or proposed; the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided that Assentsure concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a disagreement (as defined in Item 16F(a)(1)(iv) of Form 20-F and its related instructions) or a reportable event (as described in Item 16F(a)(1)(v) of Form 20-F).

We furnished a copy of the disclosures in this report to WWC and requested that WWC furnish us with a letter addressed to the SEC stating whether such firm agrees with the above statements or, if not, stating the respects in which it does not agree. A copy of the letter has been furnished as an exhibit to this report as Exhibit 16.1.

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Exhibits.

Exhibit No.		Description
16.1		Letter of WWC, Professional Corporation dated November 17, 2025, regarding change in independent registered public accounting firm.

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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: November 17, 2025	By:	/s/ Guohua Huang
	Name:	Guohua Huang
	Title:	Chief Executive Officer, Director, and Chairman of the Board of Directors

3

FAQ

What auditor change did EPWK (ticker: EPWK) announce in this Form 6-K?

EPWK Holdings Ltd. reported that its audit committee approved changing its independent registered public accounting firm from WWC, Professional Corporation to Assentsure PAC. WWC’s engagement ended on November 7, 2025, and Assentsure’s engagement became effective on November 17, 2025.

Did EPWK report any disagreements with its former auditor WWC?

EPWK states that during the fiscal years ended June 30, 2024 and June 30, 2023, and through November 7, 2025, there were no disagreements with WWC on accounting principles, financial statement disclosure, or auditing scope or procedures, and no reportable events of the type described in Item 16F of Form 20-F.

What going concern disclosure affects EPWK’s financial statements?

WWC’s reports on EPWK’s financial statements for the years ended June 30, 2024 and June 30, 2023 included an explanatory paragraph describing factors that raised substantial doubt about the company’s ability to continue as a going concern, although the opinions themselves were not adverse or qualified.

What internal control material weaknesses has EPWK disclosed?

WWC identified material weaknesses in EPWK’s internal control over financial reporting, including insufficient accounting and financial reporting personnel with U.S. GAAP and SEC reporting expertise and a lack of financial reporting policies and procedures commensurate with those requirements. EPWK states it is implementing measures to address these weaknesses.

Did EPWK consult Assentsure before appointing it as auditor?

EPWK reports that during the two most recent fiscal years and through November 17, 2025, neither the company nor anyone on its behalf consulted Assentsure PAC about the application of accounting principles, potential audit opinions, or any matters involving disagreements or reportable events.

What additional document related to the auditor change did EPWK provide?

EPWK furnished a letter from WWC, Professional Corporation, dated November 17, 2025, as Exhibit 16.1. The letter states whether WWC agrees with EPWK’s descriptions of the auditor change and related matters.