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Wellchange Holdings Company Limited Closes $4 Million Private Placement
WCT
New Projects/Investments
Delisting/Listing Issues
- Wellchange Holdings Company Limited (WCT) announced the closing of a private placement on September 19, 2025, raising approximately $4 million in gross proceeds.
- The company issued up to 100,000,000 Class A ordinary shares at a purchase price of approximately $0.04 per share.
- The proceeds from the offering are intended for general corporate purposes, including acquisitions and working capital.
- WCT has agreed to register the resale of these shares on a registration statement within 60 days from the September 9, 2025, agreement date.
- The placement agent, Chaince Securities, LLC, will receive a cash fee of 3.5% of gross proceeds, along with up to $75,000 for expenses and $25,000 for marketing fees; the escrow agent will receive $6,000 in fees plus expenses.
Sep 19, 2025, 8:31 PM
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