Company: WCT
Filing Date: 2025-12-02
Form Type: F-1
Source: 0001213900-25-116978
Chunk: 36

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-02
Form: F-1
Chunk 36
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 share capital of US$50,000, previously divided into 1,000,000,000 ordinary shares of par
value US$0.00005 each, was redesignated into 900,000,000 Class A Ordinary Shares and 100,000,000 Class B Ordinary Shares. in connection
with implementing the dual-class share structure, (i) all issued and outstanding ordinary shares held by our then-existing shareholders,
other than 5,000,000 ordinary shares held by Mr. Shek Kin Pong and 3,000,000 ordinary shares held by Power Smart International Limited,
were re-designated on a one-for-one basis into Class A Ordinary Shares, (ii) the 5,000,000 ordinary shares held by Mr. Shek Kin Pong and
the 3,000,000 ordinary shares held by Power Smart International Limited were re-designated on a one-for-one basis into Class B Ordinary
Shares, and (iii) the remaining authorized but unissued 854,735,000 Ordinary Shares be re-designated into Class A Ordinary Shares on a
one for one basis, and the remaining authorized but unissued 92,000,000 Ordinary Shares be re-designated into Class B Ordinary Shares
on a one for one basis.

2025 Private Placement

On September 9, 2025, the Company entered into
the 2025 September SPA with several investors pursuant to which the Company agreed to issue and sell a total of 100,000,000 Class A Ordinary
Shares at the price of $0.04 per Class A Ordinary Share for gross proceeds of $4,000,000. The Offering was closed on September 19, 2025.

As of the date of this prospectus, the Company
has 145,265,000 Class A Ordinary Shares (including 100,000,000 Resale Shares) and 8,000,000 Class B Ordinary Shares issued and outstanding.

<div align='center'>12

Impact of COVID-19</div>

Since late December 2019, the outbreak of
COVID-19 has spread rapidly throughout China and later to the rest of the world. On January 30, 2020, the International Health Regulations
Emergency Committee of the World Health Organization declared the outbreak a “Public Health Emergency of International Concern”
(“PHEIC”), and later on March 11, 2020, a global pandemic. The COVID-19 outbreak has led governments across the globe
to impose a series