WebsiteIntroduction
EPWK HOLDINGS LTD (NasdaqGM: EPWK) is a Xiamen-based company that connects businesses with creative talent through an integrated cloud-sourcing platform. Founded in March 2022 by Guohua Huang, EPWK offers transaction services for small and medium-sized enterprises, enabling buyers to commission work from a global pool of designers, artists, and freelancers.
Corporate Structure
EPWK operates under a variable interest entity structure in China and consolidates its results through subsidiaries. The company’s equity is publicly traded on the Nasdaq Global Market. While exact headcount figures are not disclosed, EPWK’s workforce comprises professionals in technology development, marketing, design, and customer support. Leadership includes founder and former chief reporter of Fujian Daily Press Group, Guohua Huang.
Creative talent by Feelfarbig Magazine
Developments and News
On February 6, 2025, EPWK closed its initial public offering of 2,750,000 Class A ordinary shares at $4.10 per share, generating $11.275 million in gross proceeds before underwriting discounts. Cathay Securities, Inc. led the underwriting, with Revere Securities LLC as co‐underwriter. Underwriters hold a 30-day option to purchase up to an additional 412,500 shares. Proceeds were earmarked for business development, marketing, research and development, exploration of new services, and working capital.
In filings dated September 16 and September 29, 2025, EPWK submitted and amended an F-1 registration statement to offer up to 20 million units at $0.50 per unit, each unit comprising one Class A ordinary share (or a pre-funded warrant) and one warrant to purchase one share. The last reported share price prior to the offering was $0.5618 on September 12, 2025. The F-1 registration became effective on September 30, 2025, permitting the sale of up to 140 million underlying securities, including shares and warrants.
On September 18, 2025, the company launched an international platform at intl.epwk.com, expanding its operations outside the domestic Chinese market.
Financial and Strategic Analysis
In fiscal year 2024, EPWK reported revenue of $20.22 million, up 2.1% from $19.80 million in 2023, and a net loss of $1.20 million, which represented an increase of 11.4% in losses. The February 2025 IPO generated over $11 million in gross capital to fund:
- Marketing and business development
- Research and new product exploration
- Creation of a global online design center
- General corporate purposes and working capital
The proposed unit offering in September 2025 aims to raise up to $10 million (assuming full subscription) to support further international rollout and platform enhancements. Warrants attached to the units provide additional potential for equity-linked financing.
Market Position and Industry Context
EPWK operates in the online creative services and cloud-sourcing sector, targeting micro-to-medium enterprises seeking design, development, and promotional services. The company’s model parallels that of global freelancing marketplaces but emphasizes integrated project management and quality control. With a market capitalization estimated in the single-digit millions and a share price of $0.1406 as of October 7, 2025, EPWK is classified as a small-cap issuer facing industry competition and market sensitivities. Collaborations with underwriters such as Cathay Securities and Eddid Securities USA reflect efforts to enhance capital access and investor visibility.
tl;dr
As of October 7, 2025, EPWK shares trade at $0.1406. Its F-1 registration became effective on September 30, permitting an up-to-20 million-unit offering at $0.50 per unit, alongside warrants for future equity. Proceeds aim to support EPWK’s planned international expansion and platform development. Ongoing filings through late September indicate a focus on capitalizing growth initiatives and enhancing global presence.
