EPWK Holdings prices $8M public offering; shares down 50% premarket

[Wall street sign on manhattan]
franckreporter/iStock via Getty Images

* EPWK Holdings (NASDAQ:EPWK [https://seekingalpha.com/symbol/EPWK]) has priced a best-efforts public offering expected to raise ~$8M in gross proceeds.
* The offering includes 24.24M units, each consisting of one Class A ordinary share (or pre-funded warrant) and one warrant to purchase an additional share.
* Units are priced at $0.33 each; warrants carry a $0.3465 exercise price, valid for six months from issuance.
* The offering is expected to close around October 8, 2025.
* Proceeds will be used for R&D, business expansion, working capital, and other corporate purposes.
* EPWK shares down 49.9% premarket on Tuesday.
* Source: Press release [https://seekingalpha.com/pr/20257327-epwk-holdings-ltd-announces-pricing-of-8-million-public-offering]

MORE ON EPWK HOLDINGS LTD.

* Financial information for EPWK Holdings Ltd. [https://seekingalpha.com/symbol/EPWK/income-statement]