Wellchange Holdings Company Limited Announces 1-for-5 Reverse Stock Split Effective September 8, 2026
Wellchange consolidates its Nasdaq-listed Class A share count 1-for-5, effective September 8, 2026, while leaving Class B shares unchanged.
Rhea-AI Summary
Wellchange Holdings Company Limited (WCT) will implement a 1-for-5 reverse stock split of its Class A ordinary shares, effective for trading at market open on September 8, 2026.
Every five issued and outstanding Class A shares will be combined into one, reducing the Class A share count from approximately 52,905,328 to approximately 10,581,066. The Class A shares will continue trading on the Nasdaq Capital Market under the symbol WCT with a new CUSIP G9545M131. The reverse split does not affect Class B ordinary shares. Fractional shares will be rounded up to the next whole share, and all options, warrants and similar securities for Class A shares will be adjusted according to their terms.
Positive
- Fractional Class A shares will be rounded up to the next whole share, avoiding the issuance of fractional positions.
- Post-split Class A share count becomes approximately 10,581,066, potentially simplifying the company’s capital structure.
Negative
- The reverse split reduces outstanding Class A shares from about 52,905,328 to about 10,581,066, which may lessen trading float for that class.
News Explained
The approved split combines every five Class A shares into one, reducing the share count while proportionally raising the per-share price; existing holders’ percentage interests remain unchanged except for fractional-share rounding, and the split itself does not change company value.
Market reaction after 1-for-5 reverse stock split: WCT +5.83%
Following this news, WCT has gained 5.83%, reflecting a notable positive market reaction. Our momentum scanner has triggered 5 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $1.27.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Previous Stock split Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 04 | Reverse stock split | Neutral | -24.1% | Announced a 1-for-50 reverse split effective March 6, with shares consolidated. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The prior stock-split announcement was followed by a negative 24-hour reaction of -24.05%.
Key Terms
reverse stock split financial
cusip number financial
saas technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Hong Kong, Sept. 03, 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-5 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 September 8, 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 G9545M131. 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 five (5) 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 52,905,328 to approximately 10,581,066. 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, including the closing of the Offering, 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