EPWK Holdings Ltd. Shareholders Approve Major Capital Restructuring

EPWK Holdings Ltd. held an extraordinary general meeting on May 15, 2026, where shareholders approved a comprehensive capital restructuring plan. The resolutions included: increasing authorized share capital from $1 million to $40 million; reducing par value of existing shares from $0.004 to $0.0001; subdividing unissued shares; and authorizing a potential future share consolidation of up to 200:1. The restructuring involves multiple steps including capital reduction, subdivision, and cancellation, ultimately resulting in authorized share capital returning to $1 million but with significantly more shares at a lower par value. The company also approved corresponding amendments to its memorandum of association to reflect these changes. The board retains discretion to implement the share consolidation within two years.