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Stock impact report

Wellchange Holdings Company Limited Announces Pricing of Initial Public Offering

Wellchange Holdings Company Limited - Ordinary shares (WCT) 
Company Research Source: GlobeNewswire
HONG KONG, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (the “Company” or “Wellchange”), an enterprise software solution services provider headquartered in Hong Kong, today announced the pricing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares, par value US$0.00005 per share (the “Ordinary Shares”), 1,100,000 of which are being offered by the Company and 900,000 by a selling shareholder, at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on October 2, 2024, U.S. Eastern time, under the ticker symbol “WCT.” The Company expects to receive aggregate gross proceeds of US$4.4 million from the sale of Ordinary Shares offered by the Company in the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to Show less Read more
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