Wellchange Holdings Company Limited (WCT) Closes 2M Share IPO

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Wellchange Holdings Company Limited Announces Closing of Initial Public Offering

October 3, 2024 1:15 PM EDT

HONG KONG, Oct. 03, 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 the closing 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 began trading on the Nasdaq Capital Market on October 2, 2024, under the ticker symbol WCT.

The Company received aggregate... More