Private financing initiative announced by Wellchange Holdings Company Limited, amounting to $4 million
Wellchange Holdings Secures $4 Million in Private Placement
Wellchange Holdings Company Limited (WCT), a Hong Kong-based technology company, has announced a successful $4 million private placement. The investment was conducted on September 9, 2025, through a securities purchase agreement with certain investors, facilitated by Chaince Securities, which acted as the sole placement agent.
The transaction closed on September 15, 2025, with the purchase price being approximately $0.04 per share. As a result, WCT expects to receive aggregate gross proceeds of approximately $4 million. The Company has agreed to register the resale of the Shares on a registration statement within 60 days from the date of the Agreement.
WCT's mission is to empower small and medium businesses to accelerate digital transformation, optimize productivity, improve customer experiences, and enable resource-efficient growth. The Company operates through its subsidiary, Wching Tech Ltd Co., and offers customized software solutions, cloud-based SaaS platforms, and white-label software design and development services.
Shek Kin Pong, the CEO of Wellchange Holdings, emphasized the importance of this investment for the company's growth and development. He encouraged investors to read the risk factors contained in WCT's final prospectus and other reports before making any investment decisions regarding its securities.
It is important to note that the announcement contains forward-looking statements about the Company's financial condition, results of operations, business strategy, and financial needs. The Company does not undertake to update or revise publicly any forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities.
For more information about Wellchange Holdings, please visit their website at https://www.wchingtech.com/. If you have any questions or need further assistance, you can contact Shek Kin Pong at [email protected].
Wellchange Holdings Company Limited is headquartered in Hong Kong.
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