Company: WCT
Filing Date: 2025-12-02
Form Type: F-1
Source: 0001213900-25-116978
Chunk: 70

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-02
Form: F-1
Chunk 70
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 our Class A Ordinary Shares to fluctuate greatly, with large percentage
changes in prices occurring in any trading day session. Holders of our Class A Ordinary Shares may also have difficult liquidating their
investment or may be forced to sell at depressed prices due to low volume trading. Broad market fluctuations and general economic and
political conditions may also adversely affect the market price of our Class A Ordinary Shares. As a result of this volatility, investors
may experience losses on their investment in our Class A Ordinary Shares. A decline in the market price of our Class A Ordinary Shares
also could adversely affect our ability to issue additional shares of Class A Ordinary Shares or other securities and our ability to obtain
additional financing in the future. No assurance can be given that an active market in our Class A Ordinary Shares will develop or be
sustained. If an active market does not develop, holders of our Class A Ordinary Shares may be unable to readily sell the shares they
hold or sell their shares at all.

Volatility in our Class A Ordinary Shares price may subject us to securities litigation.

The market for our Class A Ordinary Shares may
have, when compared to seasoned issuers, significant price volatility and we expect that our share price may continue to be more volatile
than that of a seasoned issuer for the indefinite future. In the past, plaintiffs have often initiated securities class action litigation
against a company following periods of volatility in the market price of its securities. We may, in the future, be the target of similar
litigation. Securities litigation could result in substantial costs and liabilities and could divert management’s attention and
resources.

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 uses 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 Class A Ordinary Shares or cause them to be worthless.

Wellchange Cayman is a holding company, and we
rely on dividends and other distributions on equity paid by our subsidiaries for our cash and financing requirements, including the funds
necessary to pay dividends and other cash distributions to our shareholders and to service any debt we may incur. We do not expect to
pay cash dividends in