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News

Wellchange Holdings Announces $4M Private Placement Of 100M Class A Shares At $0.04 Each

Author: Benzinga Newsdesk | September 19, 2025 03:32pm

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.

Posted In: WCT

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