New York, April 30, 2025 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (NASDAQ: WCT) ("Wellchange Holdings Company" or the "Company") is an enterprise software solution services provider headquartered in Hong Kong with diversified expansion strategies, today announced that it has received a notification letter from the Nasdaq Stock Market LLC ("Nasdaq") on April 28, 2025, indicating that the Company is not in compliance with Nasdaq’s minimum bid price requirement. Nasdaq Listing Rule 5550(a)(2) re ...

Public Offering Details - Wellchange Holding Company Limited closed its public offering of 25,000,000 ordinary shares at $0.40 per share, generating gross proceeds of approximately $10 million before fees and expenses [1] Key Advisors and Legal Counsel - Revere Securities LLC served as the exclusive placement agent for the offering [2] - Pacific Century Securities, LLC acted as the company's advisor for the offering [2] - Ortoli Rosenstadt LLP provided U.S. securities law counsel to the company [2] - Hunter Taubman Fischer & Li LLC served as U.S. securities counsel for the placement agent [2] Regulatory Compliance - The offering was made pursuant to a registration statement on Form F-1 (File No. 333-284034) declared effective by the SEC on January 14, 2025 [3] - The offering was conducted through a prospectus that is part of the registration statement [3] Company Overview - Wellchange Holdings Company Limited is a Hong Kong-based enterprise software solution provider [5] - The company operates through its subsidiary Wching Tech Ltd Co in Hong Kong [5] - Core offerings include customized software solutions, cloud-based SaaS platforms, and white-label software design and development services [5] - The company focuses on empowering small and medium businesses through digital transformation, productivity optimization, customer experience improvement, and resource-efficient growth [5] - The company provides low-cost, user-friendly, and reliable all-in-one Enterprise Resource Planning software solutions [5]

Hong Kong, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Wellchange Holding Company Limited (NASDAQ: WCT) (“Company” or the “Wellchange”), an enterprise software solution services provider headquartered in Hong Kong, today announced the pricing of its public offering (“Offering”) of 25,000,000 ordinary shares at a public offering price of $0.40 per ordinary share. Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $10 million. The Offering is expected to ...