Company: WCT
Filing Date: 2025-12-05
Form Type: 424B3
Source: 0001213900-25-118563
Chunk: 66

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-05
Form: 424B3
Chunk 66
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 and when such rules will become effective and what, if any, of the PWG recommendations will be adopted. The implications
of this possible regulation in addition to the requirements of the HFCAA are uncertain. Such uncertainty could cause the market price
of our Class A Ordinary Shares to be materially and adversely affected, and our securities could be delisted or prohibited from being
traded on the national securities exchange earlier than would be required by the HFCAA. If our Class A Ordinary Shares are unable to be
listed on another securities exchange by then, such a delisting would substantially impair your ability to sell or purchase our Class
A Ordinary Shares when you wish to do so, and the risk and uncertainty associated with a potential delisting would have a negative impact
on the price of our Class A Ordinary Shares.

Further, new laws and regulations or changes in
laws and regulations in both the United States and the PRC could affect our ability to continue to list our Class A Ordinary Shares, which
could materially impair the market for and market price of our Class A Ordinary Shares.

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We may experience extreme stock price volatility unrelated to our actual or expected operating performance, financial condition, or prospects, making it difficult for prospective investors to assess the rapidly changing value of our Class A Ordinary Shares.

From the closing of our initial public offering
on October 3, 2024 to the date of this prospectus, the trading price of our Class A Ordinary Shares has ranged from $0.12 to $9.36 per
Class A Ordinary Share. The trading prices of our Class A Ordinary Shares are likely to be highly volatile and could fluctuate widely
due to factors beyond our control. This may happen due to broad market and industry factors, such as performance and fluctuation in the
market prices or underperformance or deteriorating financial results of other listed companies based in Hong Kong and China. The securities
of some of these companies have experienced significant volatility since their initial public offerings, including, in some cases, substantial
price declines in the trading prices of their securities. The trading performances of other Hong Kong and Chinese companies’ securities
after their offerings may affect the attitudes of investors towards Hong Kong-based U.S. - listed companies, which consequently may affect
the trading performance of our Class A Ordinary Shares, regardless of our actual operating performance. In addition, any negative news
or perceptions about inadequate corporate governance practices or fraudulent accounting, corporate structure or matters of other Hong
Kong and Mainland Chinese