Core Viewpoint - Wellchange Holding Company Limited has announced a public offering of 25,000,000 ordinary shares at a price of $0.40 per share, aiming to raise approximately $10 million before expenses [1][2]. Group 1: Offering Details - The public offering is expected to close on January 17, 2025, subject to customary closing conditions [2]. - Revere Securities LLC is the exclusive placement agent for the offering, while Pacific Century Securities, LLC is advising the company [2]. - The offering is conducted under a registration statement declared effective by the SEC on January 14, 2025 [4]. Group 2: Company Overview - Wellchange Holdings Company Limited is an enterprise software solution provider based in Hong Kong, operating through its subsidiary Wching Tech Ltd Co [6]. - The company specializes in customized software solutions, cloud-based SaaS platforms, and white-label software design and development services [6]. - The mission of the company is to assist small and medium businesses in digital transformation, productivity optimization, and resource-efficient growth through its integrated ERP software solutions [6].
Wellchange Holding Company Limited Announces Pricing of $10 Million Public Offering of its Ordinary Shares