EPWK.O Surges After Share Consolidation Announcement

Shares of EPWK Holdings Ltd. (EPWK.O) experienced a notable uptick today, crossing above its 5-day simple moving average (SMA) as investors reacted positively to the company's recent announcement of a 40-for-1 share consolidation set to take effect on November 17, 2025. This strategic move aims to ensure compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing status.

The consolidation will adjust the company's authorized share capital from US$1,000,000 divided into billions of shares to a more streamlined structure of 225 million Class A shares and 25 million Class B shares. Following the consolidation, EPWK's Class A ordinary shares will continue to trade under the same symbol but will reflect a new CUSIP number, with shareholders receiving one share for every 40 shares they currently hold.

Market conditions were mixed today, with U.S. stocks generally opening lower, but EPWK's announcement provided a catalyst for its price movement, signaling a potential shift in investor sentiment as the company positions itself for future growth through enhanced share structure.