• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Wellchange Holdings Company Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

    4/30/25 4:30:00 PM ET
    $WCT
    Computer Software: Prepackaged Software
    Technology
    Get the next $WCT alert in real time by email

    New York, April 30, 2025 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (NASDAQ:WCT) ("Wellchange Holdings Company" or the "Company") is an enterprise software solution services provider headquartered in Hong Kong with diversified expansion strategies, today announced that it has received a notification letter from the Nasdaq Stock Market LLC ("Nasdaq") on April 28, 2025, indicating that the Company is not in compliance with Nasdaq's minimum bid price requirement.

    Nasdaq Listing Rule 5550(a)(2) requires that listed securities maintain a minimum bid price of $1.00 per share. The notification letter stated that the Company's ordinary shares have failed to maintain this minimum bid price for the last 33 consecutive business days, from March 11, 2025, to April 25, 2025.

    The notification does not immediately impact the listing or trading of the Company's ordinary shares on Nasdaq. Under Nasdaq rules, the Company has been granted a compliance period of 180 calendar days, until October 27, 2025, to regain compliance. If, at any time during this period, the closing bid price of the Company's stock is at least $1.00 per share for a minimum of ten consecutive business days, Nasdaq will confirm compliance, and the matter will be resolved.

    If the Company is unable to regain compliance by October 27, 2025, it may be eligible for additional time. To qualify, the Company will be required to meet continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement and will need to provide written notice of its intention to cure the deficiency during the second compliance period, which may include implementing a reverse stock split if necessary.

    The Company is actively monitoring the bid price of its ordinary shares and is considering all available options to regain compliance with Nasdaq's requirements. The Company remains committed to delivering value to its shareholders and maintaining its listing on Nasdaq.

    About Wellchange Holdings Company Limited

    Wellchange Holdings Company Limited is an enterprise software solution services provider headquartered in Hong Kong. The Company conducts all operations in Hong Kong through its operating subsidiary, Wching Tech Ltd Co. The Company provides customized software solutions, cloud-based software-as-a-service ("SaaS") platforms, and "white-label" software design and development services. The Company's mission is to empower our customers and users, in particular, small and medium businesses, to accelerate their digital transformation, optimize productivity, improve customer experiences, and enable resource-efficient growth with our low-cost, user-friendly, reliable and integrated all-in-one Enterprise Resource Planning software solutions.

    For more information, please visit the Company's website: https://www.wchingtech.com/

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, including the closing of the Offering, and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to read the risk factors contained in the Company's reports it files with the SEC before making any investment decisions regarding the Company's securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

    For investor and media inquiries, please contact:

    Wellchange Holdings Company Limited

    Shek Kin Pong, CEO

    Email: [email protected] 



    Get the next $WCT alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $WCT

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $WCT
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Chaince Securities LLC Serves as Exclusive Placement Agent in Wellchange Holdings' (NASDAQ: WCT) $4 Million Private Placement

    New York, NY, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Chaince Securities LLC ("Chaince"), a FINRA-registered broker-dealer and subsidiary of Mercurity Fintech Holding Inc. (NASDAQ:MFH), today announced that it acted as the exclusive placement agent for Wellchange Holdings Company Limited (NASDAQ:WCT) ("Wellchange" or the "Company"), a Cayman Islands exempted company, in connection with a private placement of securities. On September 2, 2025, Wellchange entered into a securities purchase agreement and registration rights agreement with institutional investors for the issuance and sale of 100,000,000 Class A ordinary shares at $0.04 per share, raising gross proceeds of $4.0 million before deduct

    9/22/25 8:30:00 AM ET
    $MFH
    $WCT
    Finance: Consumer Services
    Finance
    Computer Software: Prepackaged Software
    Technology

    Wellchange Holdings Company Limited Announces $4 Million Private Placement

    NEW YORK, Sept. 19, 2025 (GLOBE NEWSWIRE) -- 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. Chaince Securities, LLC is acting as the sole pla

    9/19/25 4:30:00 PM ET
    $WCT
    Computer Software: Prepackaged Software
    Technology

    Wellchange Holdings Company Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

    New York, April 30, 2025 (GLOBE NEWSWIRE) -- Wellchange Holdings Company Limited (NASDAQ:WCT) ("Wellchange Holdings Company" or the "Company") is an enterprise software solution services provider headquartered in Hong Kong with diversified expansion strategies, today announced that it has received a notification letter from the Nasdaq Stock Market LLC ("Nasdaq") on April 28, 2025, indicating that the Company is not in compliance with Nasdaq's minimum bid price requirement. Nasdaq Listing Rule 5550(a)(2) requires that listed securities maintain a minimum bid price of $1.00 per share. The notification letter stated that the Company's ordinary shares have failed to maintain this minimum bid

    4/30/25 4:30:00 PM ET
    $WCT
    Computer Software: Prepackaged Software
    Technology

    $WCT
    SEC Filings

    View All

    SEC Form 6-K filed by Wellchange Holdings Company Limited

    6-K - Wellchange Holdings Co Ltd (0001990251) (Filer)

    9/19/25 4:31:02 PM ET
    $WCT
    Computer Software: Prepackaged Software
    Technology

    SEC Form 6-K filed by Wellchange Holdings Company Limited

    6-K - Wellchange Holdings Co Ltd (0001990251) (Filer)

    9/9/25 4:30:03 PM ET
    $WCT
    Computer Software: Prepackaged Software
    Technology

    SEC Form 6-K filed by Wellchange Holdings Company Limited

    6-K - Wellchange Holdings Co Ltd (0001990251) (Filer)

    8/12/25 4:05:21 PM ET
    $WCT
    Computer Software: Prepackaged Software
    Technology