Univest Securities Successfully Closes Major Offering
New York - Univest Securities, LLC, a well-respected member of FINRA and SIPC, has successfully closed a public offering amounting to approximately $8 million for its client, EPWK Holdings Ltd. (NASDAQ: EPWK). This achievement highlights the firm's commitment to connecting businesses with talented individuals using cutting-edge cloud-sourcing technology.
Details of the Public Offering
The public offering includes a total of 24,242,425 units, with each unit comprising a Class A ordinary share or a pre-funded warrant and a warrant to purchase one Class A Ordinary Share. Priced at $0.33 per unit, each warrant has an exercise price of $0.3465 and will be exercisable beginning from the issuance date for a period of six months.
Financial Insights on the Offering
This offering has generated gross proceeds of around $8 million for EPWK Holdings Ltd., prior to any deductions for placement agent fees and other expenses. The raised funds are intended for a variety of uses including research development, business expansion, and general working capital, illustrating the company’s robust growth strategy.
About Univest Securities, LLC
Established in 1994 and registered with FINRA, Univest Securities, LLC offers diverse financial services to institutional and retail clients worldwide. Their portfolio includes brokerage services, market making, investment banking, and wealth management. Notably, Univest has facilitated over $1.5 billion in capital fundraising across approximately 100 transactions since 2019, illustrating a strong presence on Wall Street across various industries, from technology to consumer goods.
Commitment to Client Relationships
Univest prides itself on building long-term relationships with clients and providing exceptional service. This approach has resulted in a committed customer base and expanded partnership opportunities.
About EPWK Holdings Ltd.
EPWK Holdings Ltd. operates a sophisticated integrated crowdsourcing platform that links businesses with exceptional talent, focused primarily on small and medium-sized enterprises. Founded by industry expert Guohua Huang, the company leverages its unique position to deliver innovative transaction services that enhance business operations.
The Company’s Operational Strategy
Operating through both subsidiary entities and contractual agreements, EPWK ensures a comprehensive approach to fulfilling client needs. Their ongoing commitment to innovation and efficiency sets them apart in the competitive market.
Frequently Asked Questions
What is the total amount raised in this public offering?
The public offering raised approximately $8 million for EPWK Holdings Ltd.
Who acted as the placement agent for the offering?
Univest Securities, LLC served as the sole placement agent for the offering.
What will the proceeds from this offering be used for?
The proceeds are designated for research development, business expansion, and general working capital purposes.
When was the registration for this offering filed?
The registration statement was declared effective by the SEC on September 30, 2025.
How has Univest Securities performed in recent years?
Since 2019, Univest Securities has successfully raised over $1.5 billion in capital for various clients, demonstrating their competence and reliability in the financial industry.
