Company: WCT
Filing Date: 2025-12-05
Form Type: 424B3
Source: 0001213900-25-118563
Chunk: 73

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-05
Form: 424B3
Chunk 73
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 dollar affect the value of our assets and the results of our operations in United States dollars. The value of the Hong Kong
dollar against the United States dollar and other currencies may fluctuate and is affected by, among other things, changes in Hong Kong’s
political and economic conditions and perceived changes in the economy of Hong Kong and the United States. Any significant revaluation
of the Hong Kong dollar may materially and adversely affect our cash flows, revenue and financial condition. Further, as our Class A Ordinary
Shares offered by this prospectus are denominated in United States dollars, we will need to convert the net proceeds we receive into Hong
Kong dollar in order to use the funds for our business. Changes in the conversion rate between the United States dollar and the Hong Kong
dollar will affect the amount of proceeds we will have available for our business.

We do not intend to pay dividends for the foreseeable future.

We currently intend to retain any future earnings
to finance the operation and expansion of our business, and we do not expect to declare or pay any dividends in the foreseeable future.
As a result, you may only receive a return on your investment in our Class A Ordinary Shares if the market price of our Class A Ordinary
Shares increases. Our board of directors has complete discretion as to whether to distribute dividends, subject to certain requirements
of Cayman Islands law. In addition, our shareholders may by ordinary resolution, declare a dividend, but no dividend may exceed the amount
recommended by our directors.

There can be no assurance that we will not be deemed a passive foreign investment company, or PFIC, for U.S. federal income tax purposes for any taxable year, which could result in adverse U.S. federal income tax consequences to U.S. holders of our Class A Ordinary Shares.

A non-U.S. corporation will be a PFIC for any
taxable year if either (1) at least 75% of its gross income for such year consists of certain types of “passive” income; or
(2) at least 50% of the value of its assets (based on an average of the quarterly values of the assets) during such year is attributable
to assets that produce passive income or are held for the production of passive income, or the asset test. Based on our current and expected
income and assets, we do not presently expect to be a PFIC for the current taxable year or the foreseeable future. However, no assurance
can be given in this regard because the determination of whether we