Core Viewpoint - Wellchange Holdings Company Limited has entered into a securities purchase agreement for the sale of up to 100 million Class A ordinary shares at approximately $0.04 per share, aiming to raise about $4 million in gross proceeds [1][2]. Group 1: Securities Offering - The private placement transaction was closed on September 15, 2025, with Chaince Securities, LLC acting as the sole placement agent [2]. - The shares will be offered under the exemption from registration requirements of the Securities Act of 1933, relying on Section 4(a)(2) and Rule 506(b) of Regulation D [3]. - The Company has committed to register the resale of the shares within 60 days from the date of the agreement [3]. 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 [5]. - The Company specializes in customized software solutions, cloud-based SaaS platforms, and white-label software design and development services [5]. - The mission of the Company is to assist small and medium businesses in digital transformation, productivity optimization, customer experience improvement, and resource-efficient growth through integrated ERP software solutions [5].
Wellchange Holdings Company Limited Announces $4 Million Private Placement