Wellchange Holdings Company Limited Announces Full Exercise of Underwriters’ Over-Allotment Option
Wellchange Holdings Company Limited - Ordinary shares (WCT)
Company Research
Source: GlobeNewswire
HONG KONG, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (the “Company” or “Wellchange”) (Nasdaq: WCT), an enterprise software solution services provider headquartered in Hong Kong, today announced that the underwriters of its previously announced initial public offering (the "Offering") have exercised their over-allotment option in full to purchase an additional 165,000 ordinary shares at the public offering price of US$4.00 per share, resulting in additional gross proceeds of $660,000. After giving effect to the full exercise of the over-allotment option, the total number of ordinary shares sold by Wellchange in the public offering increased to 1,265,000 ordinary shares and the gross proceeds increased to approximately $5.06 million, before deducting underwriting discounts and offering expenses payable by the Company. The option closing date was October 17, 2024.The Company also issued the representative of the underwriters warrants to purchase up to 5,775
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WCT
Sec Filings
- 10/17/24 - Form 6-K
- 10/3/24 - Form 6-K
- 10/2/24 - Form 424B4
- WCT's page on the SEC website