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EPWK Holdings Ltd. (NASDAQ:EPWK) reported that on Friday it received a notification from the Nasdaq Stock Market stating that its Class A ordinary shares had closed at $0.10 or less for ten consecutive trading days, triggering a potential delisting under Nasdaq Listing Rule 5810(c)(3)(A)(iii). The notification, dated October 24, 2025, indicated that the company is subject to delisting from the Nasdaq Capital Market.
According to the filing, EPWK Holdings has the option to appeal the Nasdaq staff’s determination to a Hearings Panel by October 31, 2025. The company stated that it requested a hearing with the panel on Tuesday, which temporarily stays the suspension of its securities and the filing of Form 25-NSE until a decision is reached. The hearing request involves a fee of $20,000.
This information is based on a statement in a press release filed with the Securities and Exchange Commission.
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