#China #Xiamen #EPWK Holdings #IPO Pricing #Nasdaq Global Market

EPWK Holdings Ltd. Sets Out on New Journey with IPO Pricing

EPWK Holdings Ltd., a prominent company known for linking businesses with talented individuals through its innovative cloud-sourcing platform, has revealed the pricing for its upcoming initial public offering (IPO). The company, listed on the Nasdaq under the ticker symbol "EPWK," has set a public offering price of $4.10 per share for 2,750,000 Class A ordinary shares. This marks an important milestone for the organization as it embarks on a new chapter in its growth trajectory.

The offering has been priced at a level which not only reflects the potential of the company but also aims to attract a wide range of investors looking for opportunities in the fast-growing tech sector. The initial shares are expected to begin trading on the Nasdaq Global Market from February 6, 2025. The IPO is anticipated to generate approximately $11.275 million, before accounting for underwriting discounts and related expenses, which will be crucial for the company's expansion efforts.

Strategic Use of Proceeds

The funds raised through this offering will be strategically allocated towards several key areas including, but not limited to, business development, marketing, and research and development. Furthermore, EPWK Holdings will use a portion of the proceeds to explore new product offerings and establish an online global design center. This multi-faceted approach underscores the company’s commitment to enhancing its capacity to serve small and medium enterprises effectively and efficiently.

The underwriting team for this offering consists of Cathay Securities, Inc. as the lead underwriter and Revere Securities LLC as the co-underwriter. The legal support for the transaction is provided by VCL Law LLP for the company and Winston Strawn LLP for the underwriters. With such a robust team backing the IPO, EPWK is in a solid position to navigate the public offering process successfully.

Registration and Compliance

This IPO follows the filing of the company’s Registration Statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC), which was declared effective on February 3, 2025. The offering is conducted under strict regulatory compliance, and potential investors can access the prospectus that outlines the offering details on the SEC’s official website. This emphasis on transparency ensures investors are well-informed about the nuances of their investments before making decisions.

About EPWK Holdings Ltd.

Founded by Huang Guohua, a seasoned professional from the Fujian Daily Press Group, EPWK Holdings Ltd. operates through subsidiaries and contractual arrangements with its variable interest entity in China. The company’s platform essentially acts as a conduit for sourcing creative transaction services, allowing businesses to connect with top-notch talent. This model not only democratizes access to human resources but also enhances operational efficiency in the services delivered by small and medium-sized enterprises. For those interested in learning more about EPWK and its offerings, additional information is available on the company’s website: www.epwk.com.

Conclusion

As EPWK Holdings Ltd. prepares for its IPO, the company stands at an exciting juncture in its evolution within the technology and services landscape. The anticipated proceeds from this offering are set to propel the company toward further innovation and expansion. With a clear path laid out for growth and a commitment to harnessing the power of talented individuals worldwide, EPWK demonstrates significant promise for future success in the competitive marketplace. Investors are encouraged to consider the potential this IPO has to offer, keeping in mind the risks and opportunities that lie ahead.