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EPWK Holdings Ltd. Class A ( (EPWK) ) has provided an update.
EPWK Holdings Ltd. announced that on February 19, 2025, Cathay Securities, Inc., representing the underwriters of its initial public offering, exercised its over-allotment option to purchase an additional 412,500 Class A ordinary shares at $4.10 per share. This move brought the total gross proceeds of the offering to $12,966,250 before expenses. The company’s shares began trading on the Nasdaq Global Market on February 6, 2025. The proceeds from the offering are aimed at supporting business development, research and development, and other corporate purposes, potentially enhancing EPWK Holdings’ market positioning and operational capabilities.
More about EPWK Holdings Ltd. Class A
EPWK Holdings Ltd. operates in the technology industry, focusing on connecting businesses with top talents through an innovative and efficient cloud-sourcing platform. The company provides creative transaction services for small and medium-sized enterprises and suppliers, and is based in China.
YTD Price Performance: 12.17%
Average Trading Volume: 538,901
Learn more about EPWK stock on TipRanks’ Stock Analysis page.