New York, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of Public Offering (the “Offering”) of approximately $8 million for its client EPWK Holdings Ltd. (NASDAQ: EPWK) (the “Company”), a company that connects businesses with great talents through innovative and efficient cloud-sourcing platforms. The offering is comprised of 24,242,425 unit ...

Core Viewpoint - EPWK Holdings Ltd. has received three deficiency letters from Nasdaq regarding non-compliance with listing requirements, but this does not immediately affect the trading of its shares [1][2]. Compliance Issues - The company failed to meet the minimum bid price requirement, with its Class A ordinary shares trading below $1.00 for 31 consecutive business days, and has until January 19, 2026, to regain compliance [7]. - The market value of the company's listed securities was below $50 million for 32 consecutive business days, with the same compliance deadline of January 19, 2026 [7]. - The market value of publicly held shares was below $15 million for 31 consecutive business days, also requiring compliance by January 19, 2026 [7]. Company Overview - EPWK Holdings Ltd. connects businesses with talent through an integrated crowdsourcing platform, focusing on creative transaction services for small and medium-sized enterprises [3].