Wellchange Holdings Co Ltd filed a Form F-1 registration statement for an initial public offering on 2024-12-23. It has amended it 2 times. It filed its final prospectus on 2026-08-28, at a public offering price of $0.15 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our Class A Ordinary Shares are listed on The Nasdaq Capital Market under the symbol “WCT.” The last reported sale price of our Class A Ordinary Shares on The Nasdaq Capital Market on August 27, 2026 was $0.75 per Class A Ordinary Share.From the 424B4 filed 2026-08-28
Shares offered
145,265,000 Class A Ordinary Shares and 8,000,000 Class B Ordinary Shares, assuming the sales of all of the 100,000,000 Class A Ordinary Shares the Selling Shareholders are offeringFrom the F-1 filed 2025-12-02
Offering price
Wellchange Holdings Company Limited (the “Company,” “we,” “us,” and “our”) is offering on a best-efforts basis up to 50,000,000 Class A Ordinary Shares, par value $0.000005 per share (the “Class A Ordinary Shares”), at a public offering price of $0.15 per Class A Ordinary Share (the “Offering”).From the 424B4 filed 2026-08-28
Use of proceeds
We currently intend to use the net proceeds from this offering approximately as follows: 20% for sales and marketing activities; 10% for research and development and the enhancement of our software solutions and platform; 30% for business expansion and operational scaling; 20% for strategic investments and treasury management; and the remaining 20% for working capital and other general corporate purposes.From the 424B4 filed 2026-08-28
Revenue
Our total revenue decreased by approximately US$961,134 or 41.6% to approximately US1,348,084 for the year ended December 31, 2025 from approximately US2,309,218 for the year ended December 31, 2024.From the F-1 filed 2026-07-07
Net loss or income
Our net loss for the years ended December 31, 2024 and 2025 was US$431,544 and US$7,322,805, respectively.From the F-1 filed 2026-07-07
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-08-19 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-09-18 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-10-02 | Final prospectus filed: the offering is priced | 424B4 |
| 2024-12-23 | Registration statement filed (foreign issuer) | F-1 |
| 2025-01-16 | Final prospectus filed: the offering is priced | 424B4 |
| 2025-12-02 | Registration statement filed (foreign issuer) | F-1 |
| 2026-07-07 | Registration statement filed (foreign issuer) | F-1 |
| 2026-08-28 | Final prospectus filed: the offering is priced | 424B4 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.