Company: WCT
Filing Date: 2025-12-05
Form Type: 424B3
Source: 0001213900-25-118563
Chunk: 8

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-05
Form: 424B3
Chunk 8
---
 Information- Transfers of Cash to and from Our Subsidiaries” in the 2024
Annual Report incorporated by reference in this prospectus and “ Risk Factors — Risks Related to Our Class A Ordinary Shares and This Offering — We rely on dividends and other distributions on equity paid by our subsidiaries to fund any cash and financing requirements we may have. In the future, funds may not be available to fund operations or for other use outside of Hong Kong, due to interventions in, or the imposition of restrictions and limitations on, our ability or our HK subsidiary by the PRC government to transfer cash. Any limitation on the ability of our subsidiaries to make payments to us could have a material adverse effect on our ability to conduct our business and might materially decrease the value of our Class A Ordinary Shares or cause them to be worthless” on page 30 of this prospectus.

We are an “emerging growth company”
as defined under the federal securities laws and are subject to reduced public company reporting requirements. See “Prospectus Summary — Implications of Being an Emerging Growth Company” and “Risk Factors” on pages 8
and 15, respectively.

We are a “foreign private issuer”
as defined under the U.S. federal securities laws and, as such, may elect to comply with certain reduced public company reporting
requirements for this and future filings. See “Risk Factors” and “Prospectus Summary — Implications of Being a Foreign Private Issuer” on pages 15 and 9 respectively.

We are a “controlled company” as defined
under the Nasdaq Listing Rules, because Shek Kin Pong, our controlling shareholder who beneficially owns approximately 69.32% of the aggregate
voting power of our issued and outstanding Class A Ordinary Shares, will continue to own more than a majority of the voting power of our
outstanding Class A Ordinary Shares. As a result, Shek Kin Pong can control the outcome of matters submitted to the shareholders for approval.
Additionally, we may elect to take advantage of certain exemptions from certain corporate governance requirements that could adversely
affect our public shareholders. For a more detailed discussion of the risk of the Company being a controlled company, see “Risk Factors — The dual class structure of our Class A Ordinary Shares and Class B Ordinary Shares has the effect of concentrating voting control with our CEO and Chairman of the Board and his affiliates” on page 23 of this prospectus and “Prospectus Summary — Implication of Being a Controlled Company” on page 9