Company: WCT
Filing Date: 2025-12-05
Form Type: 424B3
Source: 0001213900-25-118563
Chunk: 4

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-05
Form: 424B3
Chunk 4
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”), have been imposed by the SEC and the Public Company Accounting
Oversight Board (“PCAOB”), recently, our Class A Ordinary Shares may be prohibited from trading if our auditor cannot be fully
inspected. Our previous auditor, WWC, P.C., the independent registered public accounting firm that issued the audit report included in
this prospectus, as an auditor of companies that are traded publicly in the United States and a firm registered with the PCAOB, is
subject to laws in the United States pursuant to which the PCAOB conducts regular inspections to assess WWC, P.C.’s compliance
with applicable professional standards. WWC, P.C. is headquartered in San Mateo, CA, and can be inspected by the PCAOB. As of the
date of this prospectus, WWC, P.C is not subject to the determinations announced by the PCAOB on December 16, 2021, relating to the
PCAOB’s inability to inspect or investigate completely registered public accounting firms headquartered in Mainland China or Hong Kong
because of a position taken by one or more authorities in the PRC or Hong Kong. Our current auditor, SR CPA & CO., is also
an independent registered public accounting firm registered with the PCAOB and subject to PCAOB inspections. SR CPA & CO. is
headquartered in Hong Kong and, as of the date of this prospectus, is not subject to the determinations announced by the PCAOB on
December 16, 2021, relating to the PCAOB’s inability to inspect or investigate completely registered public accounting firms
headquartered in Mainland China or Hong Kong due to positions taken by one or more authorities in the PRC or Hong Kong.

On August 26, 2022, the SEC issued a statement
announcing that the PCAOB signed a Statement of Protocol with the CSRC and the Ministry of Finance of the PRC, governing inspections and
investigations of audit firms based in Mainland China and Hong Kong. Pursuant to the Statement of Protocol, the PCAOB has independent
discretion to select any issuer audits for inspection or investigation and has unfettered ability to transfer information to the SEC. However,
uncertainties still exist whether this new framework will be fully complied with. On December 15, 2022, the PCAOB Board determined
that the PCAOB was able to secure complete access to inspect and investigate registered public accounting firms headquartered in Mainland
China and Hong Kong and voted to vacate