EPWK Holdings Ltd.’s (NASDAQ:EPWK) Lock-Up Period To End on August 5th

EPWK’s (NASDAQ:EPWK) lock-up period is set to end on Tuesday, August 5th. EPWK had issued 2,750,000 shares in its public offering on February 6th. The total size of the offering was $11,275,000 based on an initial share price of $4.10. After the end of EPWK’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Analyst Ratings Changes

Separately, Wall Street Zen lowered EPWK from a “hold” rating to a “sell” rating in a research note on Saturday, June 21st.

EPWK Trading Down 7.0%

NASDAQ EPWK opened at $0.49 on Thursday. The stock’s fifty day moving average is $2.34. EPWK has a fifty-two week low of $0.41 and a fifty-two week high of $26.00.

About EPWK

Our mission is to add value to our users in both service supply and demand sides. We create an innovative and efficient crowdsourcing platform to connect businesses with great talents. We design a digital marketplace with a comprehensive services catalog and an efficient search, find and order process to match talents with service needs.