EPWK Holdings Ltd. has announced the pricing of its initial public offering (IPO), marking an exciting milestone in the company’s growth trajectory.
The company will offer 2,750,000 Class A ordinary shares at a public offering price of $4.10 per share.
The shares began trading on the Nasdaq Global Market under the ticker symbol “EPWK” on February 6, 2025. The company anticipates gross proceeds of approximately $11.275 million from the offering, before accounting for underwriting discounts and other related expenses.
In addition to the primary offering, the underwriters have been granted a 30-day option to purchase up to an additional 412,500 Class A ordinary shares at the public offering price, minus underwriting discounts and commissions.
This option could further bolster the company’s capital raise as it continues to grow its operations and market presence.
EPWK Holdings is poised to leverage the capital from its IPO to expand its market reach, enhance operations, and pursue new opportunities within its sector. The offering represents a significant step for the company as it establishes itself as a public entity.
For more information on the IPO and updates on EPWK Holdings, investors and interested parties are encouraged to monitor the company’s filings with the U.S. Securities and Exchange Commission (SEC).
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2025-02-06 21:35:40
