Wellchange Holdings Company Limited Announces 1-for-10 Reverse Stock Split Effective November 9, 2026

Wellchange Holdings (Nasdaq: WCT) will implement a 1-for-10 reverse stock split of its Class A ordinary shares on November 9, 2026.

Rhea-AI Summary

Wellchange Holdings (Nasdaq: WCT) will implement a 1-for-10 reverse stock split of its Class A ordinary shares on November 9, 2026. Split-adjusted trading will begin at market open that day on the Nasdaq Capital Market under the unchanged symbol WCT.

The split will reduce outstanding Class A shares from approximately 10,581,089 to 1,058,109; Class B shares will remain unchanged. Shareholders and the board have approved the split. Ownership percentages will remain unchanged except for adjustments from rounding fractional shares up to whole shares. Outstanding options, warrants and other securities entitling holders to Class A shares will be adjusted under their respective terms.

News Explained

Platform news records a 1-for-5 reverse split effective September 8, 2026; after that earlier split, Wellchange has announced a further 1-for-10 Class A split for November 9, 2026, reducing outstanding Class A shares while leaving holders’ percentage interests unchanged apart from rounding.

Sources and calculations

• Wellchange Holdings announcement of 1-for-5 reverse stock split (2026-09-03)
• Wellchange Holdings announcement of 1-for-10 reverse stock split (2026-11-05)

Key Figures

Reverse stock split ratio: 1-for-10 Post-split trading date: November 9, 2026 Class A shares outstanding: Approximately 10,581,089 to approximately 1,058,109

Reverse stock split ratio

1-for-10

Class A ordinary shares

Post-split trading date

November 9, 2026

Effective at market open

Class A shares outstanding

Approximately 10,581,089 to approximately 1,058,109

Before and after the reverse stock split

Previous Stock split Reports

2 past events · Latest: Sep 03

Same Type 2 events

1. Sep 03

   Reverse split

   24h Move

   +14.2%

   Announced a 1-for-5 Class A reverse split, reducing the stated share count.

2. Mar 04

   Reverse split

   24h Move

   -24.1%

   Announced a 1-for-50 Class A reverse split and a reduction in outstanding shares.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

reverse stock split, cusip, saas

3 terms

reverse stock split financial

"will effect a reverse stock split of its Class A ordinary shares"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

cusip financial

"with a new CUSIP number G9545M149"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

saas technical

"cloud-based software-as-a-service (“SaaS”) platforms"

SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.

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Hong Kong, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (the “Company” or “Wellchange”) (Nasdaq: WCT), an enterprise software solution services provider headquartered in Hong Kong, today announced that it will effect a reverse stock split of its Class A ordinary shares on a 1-for-10 basis (the “Reverse Stock Split”). The Company’s Class A ordinary shares will begin trading on a post-split basis when the market opens on November 9, 2026. The Company’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “WCT,” with a new CUSIP number G9545M149. The Reverse Stock Split will apply only to the Company’s Class A ordinary shares and will have no effect on the Company’s Class B ordinary shares.

The Reverse Stock Split has been approved by the Company’s shareholders and the Company’s board of directors. Any fractional shares that would have otherwise resulted from the Reverse Stock Split will be rounded up to the next whole number and no fractional shares will be issued. The Reverse Stock Split affects all shareholders uniformly and will not alter any shareholder’s percentage interest in the Company’s outstanding Class A ordinary shares, except for adjustments that may result from the rounding up of fractional shares.

Upon the effectiveness of the Reverse Stock Split, every ten (10) shares of the Company’s issued and outstanding Class A ordinary shares as of the effective date will automatically be combined into one (1) Class A ordinary share. Such adjustments will reduce the total number of outstanding Class A ordinary shares of the Company from approximately 10,581,089 to approximately 1,058,109. The Company’s Class B ordinary shares will not be subject to the Reverse Stock Split and will remain unchanged.

All outstanding options, warrants and other securities entitling holders to purchase or receive Class A ordinary shares will be adjusted in accordance with their respective terms.

About Wellchange Holdings Company Limited

Wellchange Holdings Company Limited is an enterprise software solution services provider headquartered in Hong Kong. The Company conducts all operations in Hong Kong through its operating subsidiary, Wching Tech Ltd Co. The Company provides customized software solutions, cloud-based software-as-a-service (“SaaS”) platforms, and “white-label” software design and development services. The Company’s mission is to empower our customers and users, in particular, small and medium businesses, to accelerate their digital transformation, optimize productivity, improve customer experiences, and enable resource-efficient growth with our low-cost, user-friendly, reliable and integrated all-in-one Enterprise Resource Planning software solutions.

For more information, please visit the Company’s website: https://www.wchingtech.com/

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to read the risk factors contained in the Company’s reports it files with the SEC before making any investment decisions regarding the Company’s securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

For investor and media inquiries, please contact:

Wellchange Holdings Company Limited

Shek Kin Pong, CEO

Email: contactus@wchingtech.com

FAQ

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When does Wellchange's WCT reverse stock split take effect, and what is the ratio?

Wellchange's 1-for-10 reverse stock split takes effect on November 9, 2026, with split-adjusted trading beginning at market open. Every ten Class A ordinary shares will automatically combine into one Class A ordinary share; Class B ordinary shares are unaffected.