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Wellchange Holdings Company Limited Announces $4 Million Private Placement

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Wellchange Holdings (Nasdaq: WCT) has secured a $4 million private placement through the sale of 100 million Class A ordinary shares at approximately $0.04 per share. The securities purchase agreement was signed on September 9, 2025, with the transaction closing on September 15, 2025.

Chaince Securities is serving as the sole placement agent for this offering, which was conducted under Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D. The company has committed to registering the resale of shares within 60 days of the agreement.

["Secured $4 million in additional funding", "Transaction successfully closed on September 15, 2025"]

Wellchange Holdings (Nasdaq: WCT) ha assicurato un private placement da 4 milioni di dollari tramite la vendita di 100 milioni di azioni ordinarie di Classe A a circa 0,04 dollari per azione. L'accordo di acquisto di valori è stato firmato il 9 settembre 2025, con la chiusura dell'operazione il 15 settembre 2025.

Chaince Securities è stato designato come unico agente di collocamento per questa offerta, realizzata ai sensi della Sezione 4(a)(2) della Securities Act e della Regola 506(b) del Regolamento D. La società si è impegnata a registrare la rivendita delle azioni entro 60 giorni dall'accordo.

Wellchange Holdings (Nasdaq: WCT) ha asegurado una colocación privada de 4 millones de dólares mediante la venta de 100 millones de acciones ordinarias Clase A a aproximadamente 0,04 dólares por acción. El acuerdo de compra de valores se firmó el 9 de septiembre de 2025, y el cierre de la operación fue el 15 de septiembre de 2025.

Chaince Securities actúa como el único agente de colocación de esta oferta, realizada conforme a la Sección 4(a)(2) de la Ley de Valores y a la Regla 506(b) del Reglamento D. La compañía se ha comprometido a registrar la reventa de las acciones dentro de los 60 días siguientes al acuerdo.

Wellchange Holdings (나스닥: WCT)400만 달러의 비공개 배정을 확보했고, 클래스 A 일반주 1억 주를 대략 주당 0.04달러에 매각했습니다. 증권 매매 계약은 2025년 9월 9일에 체결되었고, 거래는 2025년 9월 15일에 마감되었습니다.

Chaince Securities가 본 건의 유일한 배정 중개인으로 활동했으며, 이는 증권법 제4(a)(2)조 및 규정 D의 규칙 506(b)에 따라 진행되었습니다. 회사는 합의일로부터 60일 이내에 주식의 재매각 등록을 약속했습니다.

Wellchange Holdings ( Nasdaq: WCT ) a obtenu une levée privée de 4 millions de dollars grâce à la vente de 100 millions d'actions ordinaires de classe A à environ 0,04 $ par action. Le contrat d'achat de titres a été signé le 9 septembre 2025, et la clôture de la transaction a eu lieu le 15 septembre 2025.

Chaince Securities agit en tant que seul agent de placement pour cette offre, réalisée en vertu de la section 4(a)(2) du Securities Act et de la Règle 506(b) du Regulation D. La société s'est engagée à enregistrer la revente des actions dans les 60 jours suivant l'accord.

Wellchange Holdings (Nasdaq: WCT) hat eine Private-Placement-Finanzierung über 4 Millionen Dollar durch den Verkauf von 100 Millionen Class-A-Stammaktien zu ca. 0,04 $ pro Aktie gesichert. Die Wertpapierkaufvereinbarung wurde am 9. September 2025 unterzeichnet, und der Abschluss der Transaktion erfolgte am 15. September 2025.

Chaince Securities fungiert als einziger Placement-Agent für dieses Angebot, das gemäß Abschnitt 4(a)(2) des Securities Act und Regel 506(b) der Regulation D durchgeführt wurde. Das Unternehmen hat sich verpflichtet, den Weiterverkauf der Aktien innerhalb von 60 Tagen nach der Vereinbarung zu registrieren.

Wellchange Holdings (ناسداك: WCT) أمنت تمويلاً خاصاً بقيمة 4 ملايين دولار من خلال بيع 100 مليون سهم عادي من الفئة A بسعر تقريبي 0.04 دولار للسهم. تم توقيع اتفاق شراء الأوراق المالية في 9 سبتمبر 2025، وأُغلقت الصفقة في 15 سبتمبر 2025.

Chaince Securities تتولى دور الوكيل الوحيد للطرح، وهو إجراء تم وفقاً للقسم 4(a)(2) من قانون الأوراق المالية والقاعدة 506(b) من التنظيم D. والتزمت الشركة بتسجيل إعادة بيع الأسهم خلال 60 يوماً من الاتفاق.

Wellchange Holdings(纳斯达克:WCT) 已通过出售1亿股A类普通股,以大约每股0.04美元的价格,成功完成一笔价值400万美元的私募配售。证券购买协议于2025年9月9日签署,交易于2025年9月15日完成。

Chaince Securities 担任此次发行的唯一配售代理,此次发行是依据《证券法》第4(a)(2)条及Regulation D的Rule 506(b)进行。公司承诺在协议之日起60天内注册股票的转售事宜。

Positive
  • None.
Negative
  • Significant dilution with 100 million new shares being issued
  • Low share price of $0.04 indicates potential financial distress

NEW YORK, Sept. 19, 2025 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (“WCT” or the “Company”) (Nasdaq: WCT) today announced that it has entered into a securities purchase agreement (the “Agreement”) on September 9, 2025 with certain investor for the purchase and sale of up to an aggregate of 100,000,000 Class A ordinary shares, par value of $0.00005 per share (the “Class A Ordinary Shares”) of the Company, at a purchase price of about $0.04 per share in a private placement (the “Offering”).

The aggregate gross proceeds to the Company are expected to be approximately $4 million. The transaction was closed on September 15, 2025.

Chaince Securities, LLC is acting as the sole placement agent.

The Shares will be offered and sold to investors in the Offering pursuant to the exemption from the registration requirements of the Securities Act of 1933, as amended, and the rules and regulations of the Securities and Exchange Commission (“SEC”) thereunder (collectively, the “Securities Act”), in reliance upon Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated by the Commission under the Securities Act (“Regulation D”). The Company has agreed to register the resale of the Shares on a registration statement within 60 days from the date of the Agreement.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

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 final prospectus and other 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 size of WCT's September 2025 private placement?

WCT's private placement is worth $4 million, involving the sale of 100 million Class A ordinary shares at $0.04 per share.

When did Wellchange Holdings (WCT) close its private placement?

The private placement transaction closed on September 15, 2025, following the agreement signed on September 9, 2025.

How many shares is WCT issuing in the private placement?

WCT is issuing 100 million Class A ordinary shares with a par value of $0.00005 per share.

Who is the placement agent for WCT's private placement?

Chaince Securities, LLC is acting as the sole placement agent for the private placement.

When will WCT register the resale of the private placement shares?

WCT has agreed to register the resale of shares within 60 days from the date of the Agreement (September 9, 2025).
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