Wellchange Holdings Company Limited Announces 1-for-50 Reverse Stock Split Effective March 6, 2026

Rhea-AI Summary

Wellchange (Nasdaq: WCT) will effect a 1-for-50 reverse stock split effective March 6, 2026. Class A shares will begin trading on a post-split basis under the same symbol WCT with new CUSIP G9545M123. Outstanding shares will fall from 153,265,000 to approximately 3,065,300.

Shareholder interests remain proportionate except for rounding up of fractional shares; options, warrants and other convertible securities will be adjusted in accordance with their terms.

Positive

• Outstanding shares reduced from 153,265,000 to ~3,065,300
• Class A trading continuity preserved under WCT with new CUSIP
• Reverse split applied uniformly to Class A and Class B shares

Negative

• Rounding up of fractional shares may slightly change individual ownership percentages
• Outstanding options, warrants and similar securities will be adjusted per their terms

Key Figures

Reverse split ratio: 1-for-50 Total shares pre-split: 153,265,000 Class A shares pre-split: 145,265,000 +5 more

8 metrics

Reverse split ratio 1-for-50 Ordinary shares consolidation effective March 6, 2026

Total shares pre-split 153,265,000 Ordinary shares issued and outstanding before reverse split

Class A shares pre-split 145,265,000 Class A ordinary shares before reverse split

Class B shares pre-split 8,000,000 Class B ordinary shares before reverse split

Total shares post-split approximately 3,065,300 Ordinary shares after 1-for-50 reverse split

Class A shares post-split approximately 2,905,300 Class A ordinary shares after reverse split

Class B shares post-split approximately 160,000 Class B ordinary shares after reverse split

Effective trading date March 6, 2026 Post-split Class A shares begin trading

Market Reality Check

Price: $0.1239 Vol: Volume 137,018 is below 2...

low vol

$0.1239 Last Close

Volume Volume 137,018 is below 20-day average 473,551 (relative volume 0.29). low

Technical Trading below 200-day MA of 0.23 with price at 0.1239 ahead of the reverse split.

Peers on Argus

Momentum scanner flags broader sector strength: 2 peers moving up with median ga...

2 Up 1 Down

Momentum scanner flags broader sector strength: 2 peers moving up with median gain around 8.4%, while one peer is down. Sector watchlist peers like ORKT, SMSI, AMST, and LGCL mostly show positive moves, indicating tech/software tailwinds alongside WCT’s company-specific reverse split.

Common Catalyst Broader technology/software momentum with limited peer-specific news; one peer (AMST) has an AI-related award headline.

Historical Context

2 past events · Latest: Oct 30 (Negative)

Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Oct 30	Nasdaq extension	Negative	-9.4%	Nasdaq granted 180-day extension to regain $1.00 minimum bid price.
Sep 19	Private placement	Positive	+27.7%	Announced $4M private placement of 100M Class A shares at ~$0.04.

Pattern Detected

Limited history shows sharp moves on compliance and financing news, with both events prompting double-digit percentage reactions.

Recent Company History

Recent news shows Wellchange navigating listing compliance and funding. On Sep 19, 2025, it announced a $4 million private placement of 100 million Class A shares at about $0.04, and the stock moved 27.72% higher. On Oct 30, 2025, Nasdaq granted an extra 180 days to regain the $1.00 minimum bid by Apr 27, 2026, after which shares fell 9.41%. Today’s reverse split follows through on that earlier compliance pathway.

Market Pulse Summary

This announcement formalizes a 1-for-50 reverse stock split, cutting outstanding ordinary shares fro...

Analysis

This announcement formalizes a 1-for-50 reverse stock split, cutting outstanding ordinary shares from 153,265,000 to about 3,065,300 while keeping ownership percentages largely unchanged aside from rounding. It follows earlier Nasdaq communications about the $1.00 minimum bid and prior equity financing. Investors may watch how post-split liquidity, compliance status, and any subsequent capital or governance actions develop against this new share structure.

Key Terms

reverse stock split, cusip, warrants

3 terms

reverse stock split financial

"it will effect a reverse stock split of its ordinary shares on a 1-for-50 basis"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

cusip financial

"under the symbol “WCT,” with a new CUSIP number G9545M123"

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.

warrants financial

"All outstanding options, warrants and other securities entitling holders to purchase"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

AI-generated analysis. Not financial advice.

Hong Kong, March 04, 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 ordinary shares on a 1-for-50 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 March 6, 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 G9545M123.

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 ordinary shares, except for adjustments that may result from the rounding up of fractional shares.

Immediately prior to the Reverse Stock Split and as of the date hereof, the Company has 153,265,000 ordinary shares issued and outstanding, consisting of 145,265,000 Class A ordinary shares and 8,000,000 Class B ordinary shares. Upon the effectiveness of the Reverse Stock Split, every fifty (50) 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, and every fifty (50) shares of the Company’s issued and outstanding Class B ordinary shares as of the effective date will automatically be combined into one (1) Class B ordinary share. Such adjustments will reduce the total number of outstanding ordinary shares from 153,265,000 to approximately 3,065,300, with the number of Class A ordinary shares of the Company decreasing from 145,265,000 to approximately 2,905,300 and the number of outstanding Class B ordinary shares of the Company decreasing from 8,000,000 to approximately 160,000.

All outstanding options, warrants and other securities entitling holders to purchase or receive 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

FAQ

What is the reverse stock split for Wellchange (WCT) and when is it effective?

The reverse split is a 1-for-50 combination of shares effective March 6, 2026. According to the company, trading will commence on a post-split basis that morning and the CUSIP will change to G9545M123.

How many shares will Wellchange (WCT) have after the 1-for-50 reverse split?

Post-split shares will total approximately 3,065,300 outstanding after the 1-for-50 combination. According to the company, Class A shares drop to about 2,905,300 and Class B to about 160,000.

Will the Wellchange (WCT) reverse split change shareholder ownership percentages?

The reverse split does not change percentage interests for shareholders in principle. According to the company, holdings remain proportionate except for small adjustments from rounding up fractional shares.

What happens to Wellchange (WCT) options, warrants and convertible securities after the split?

All outstanding options, warrants and other securities will be adjusted in accordance with their terms. According to the company, contract-specific adjustments will reflect the 1-for-50 consolidation.

Will Wellchange (WCT) continue trading under the same symbol after the reverse split?

Yes, Class A ordinary shares will continue to trade under the symbol WCT on Nasdaq after the split. According to the company, only the CUSIP will change to G9545M123.