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Wellchange Holdings (WCT) restores Nasdaq bid-price compliance after prior deficiency

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Wellchange Holdings Company Limited reports that it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq staff confirmed that from March 6 to March 19, 2026, the closing bid price of the Company’s Class A Ordinary Shares was at or above $1.00 per share for at least 10 consecutive business days. As a result, the Company now complies with Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market and the matter is described as closed.

Positive

  • Nasdaq bid-price compliance restored: Nasdaq staff confirmed the Class A Ordinary Shares traded at or above $1.00 for at least 10 consecutive business days from March 6–19, 2026, closing a prior deficiency matter and keeping the company listed on The Nasdaq Capital Market.

Negative

  • None.

Insights

Wellchange has removed an immediate Nasdaq delisting risk by regaining bid-price compliance.

Wellchange Holdings Company Limited confirms that its Class A Ordinary Shares again meet Nasdaq’s $1.00 minimum bid price requirement under Listing Rule 5550(a)(2). Nasdaq staff verified that the shares closed at or above this level for at least 10 consecutive business days from March 6–19, 2026.

This outcome resolves an earlier deficiency notice issued on April 28, 2025 and means the company’s Nasdaq Capital Market listing is currently in good standing on this specific rule. Staying above the threshold remains important because any future sustained price weakness could trigger a new deficiency process.

For investors, continued Nasdaq listing can help maintain trading liquidity and accessibility. Subsequent company disclosures and market trading will show whether the share price remains comfortably above the compliance threshold or approaches it again, which would be relevant for listing status.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission File Number: 001-42294

 

Wellchange Holdings Company Limited

(Translation of registrant’s name into English)

 

Unit E, 11/F, Billion Plaza II, 10 Cheung Yue Street

Cheung Sha Wan, Kowloon, Hong Kong
(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒      Form 40-F ☐

 

 

 

 

 

EXPLANATORY NOTE

 

As previously disclosed, on April 28, 2025, Wellchange Holdings Company Limited (the “Company”) received a notification letter (the “Notification Letter”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that for the preceding 30 consecutive business days, the closing bid price for the Company’s Class A Ordinary Shares had been below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”).

 

On March 20, 2026, the Company received a letter from the Staff confirming that the Company has regained compliance with the Bid Price Requirement. Specifically, the Staff determined that from March 6 to March 19, 2026, the closing bid price of the Company’s Class A Ordinary Shares had been at $1.00 per share or greater for at least 10 consecutive business days. Accordingly, the Staff has determined that the Company complies with Nasdaq Listing Rule 5550(a)(2), and the matter is now closed.

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Wellchange Holdings Company Limited
     
Date: March 24, 2026 By: /s/ Shek Kin Pong
  Name:  Shek Kin Pong
  Title: Chief Executive Officer

 

2

 

FAQ

What did Wellchange Holdings (WCT) announce in this Form 6-K?

Wellchange Holdings announced it has regained compliance with Nasdaq’s minimum bid price rule. Nasdaq confirmed its Class A Ordinary Shares traded at or above $1.00 for at least 10 consecutive business days, so the prior deficiency notice is now closed.

Why was Wellchange Holdings (WCT) previously non-compliant with Nasdaq rules?

The company had fallen out of compliance because its Class A Ordinary Shares closed below $1.00 per share for 30 consecutive business days. Nasdaq’s Listing Qualifications Department notified Wellchange of this bid-price deficiency in a letter dated April 28, 2025, triggering a compliance period.

How did Wellchange Holdings (WCT) regain Nasdaq bid-price compliance?

Wellchange regained compliance after Nasdaq staff determined that from March 6 to March 19, 2026, its Class A Ordinary Shares closed at or above $1.00 for at least 10 straight trading days. Meeting this requirement satisfies Nasdaq Listing Rule 5550(a)(2) for minimum bid price.

What does Nasdaq Listing Rule 5550(a)(2) mean for Wellchange (WCT)?

Nasdaq Listing Rule 5550(a)(2) requires a minimum $1.00 bid price for continued listing on the Nasdaq Capital Market. Wellchange’s confirmation that it now meets this standard means its shares currently satisfy this specific listing condition and the earlier bid-price matter is considered closed.

Does this filing mean Wellchange (WCT) is no longer at immediate risk of delisting?

Yes, with Nasdaq confirming compliance with the $1.00 bid-price rule, the prior deficiency matter is closed. While future price movements could create new issues, this specific bid-price delisting risk has been removed based on the 10-day compliance period through March 19, 2026.
Wellchange Holdings

NASDAQ:WCT

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Cheung Sha Wan