Company: WCT
Filing Date: 2025-12-02
Form Type: F-1
Source: 0001213900-25-116978
Chunk: 62

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-02
Form: F-1
Chunk 62
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”) of The Nasdaq Stock Market LLC notifying the Company that it failed to maintain a minimum bid price of
$1.00 over the previous 33 consecutive business days. If we do not comply with the Nasdaq rules in the future, Nasdaq will provide notice
that the Company’s Class A Ordinary Shares will be subject to delisting. The Rules provide the Company a compliance period of 180
calendar days in which to regain compliance. If at any time during this 180 day period the closing bid price of the Company’s security
is at least $1.00 for a minimum of ten consecutive business days, the Staff will provide written confirmation of compliance. On October
28, 2025, the Company received a written notice from Nasdaq (the “October 2025 Notice”) stating that, although the Company
had not regained compliance with the minimum bid price requirement by October 27, 2025, in accordance with Nasdaq Listing Rule 5810(c)(3)(A),
the Company is eligible for an additional 180 calendar day period, or until April 27, 2026, to regain compliance with Nasdaq Listing Rule
5550(a)(2). To regain compliance, the closing bid price of the Company’s ordinary shares must meet or exceed $1.00 per share for
a minimum of 10 consecutive business days during this 180-day period. The October 2025 Notice has no immediate impact on the listing of
the Company’s Class A ordinary shares, which will continue to be listed and traded on the Nasdaq Capital Market, subject to the
Company’s compliance with the other listing requirements of the Nasdaq Capital Market. Although the Company will use all reasonable
efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with
that rule or will otherwise be in compliance with other Nasdaq listing criteria.

If our securities are subsequently delisted from
trading, we could face significant consequences, including:

| ● | a limited availability for            
 market quotations for our securities; |

| ● | reduced liquidity with respect 
 to our securities;             |

| ● | a determination that our Class A Ordinary Shares is a “penny                                                             
 stock,” which will require brokers trading in our Class A Ordinary Shares to adhere to more stringent rules and possibly 
 result in a reduced level of trading activity in the secondary trading market for our Class A Ordinary Shares;           |

| ● | limited amount of news and