Company: WCT
Filing Date: 2025-12-02
Form Type: F-1
Source: 0001213900-25-116978
Chunk: 116

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-02
Form: F-1
Chunk 116
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 in this Offering) that may not be within our control.
If we are a PFIC for any year during which you hold the Class A Ordinary Shares, we will continue to be treated as a PFIC for all succeeding years
during which you hold Ordinary Shares. If we cease to be a PFIC and you did not previously make a timely “mark-to-market”
election as described below, you will continue to be treated as a PFIC, however, you may avoid some of the adverse effects of the PFIC
regime by making a “purging election” (as described below) with respect to the Class A Ordinary Shares.

If we are a PFIC for any taxable year during which
you hold our Class A Ordinary Shares, you will be subject to special tax rules with respect to any “excess distribution” that
you receive and any gain you realize from a sale or other disposition (including a pledge) of the Class A Ordinary Shares, unless you
make a “mark-to-market” election as discussed below. Distributions you receive in a taxable year that are greater than 125%
of the average annual distributions you received during the shorter of the three preceding taxable years or your holding period for
the Class A Ordinary Shares will be treated as an excess distribution. Under these special tax rules:

| ● | the excess distribution or gain will be allocated ratably over 
 your holding period for the Class A Ordinary Shares;           |

| ● | the amount allocated to the current taxable year, and any taxable                                 
 year prior to the first taxable year in which we were a PFIC, will be treated as ordinary income, |

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| ● | the amount allocated to each other year will be subject to the                                                                       
 highest tax rate in effect for that year and the interest charge generally applicable to underpayments of tax will be imposed on the 
 resulting tax attributable to each such year, and                                                                                    |

| ● | An additional tax equal to the interest charge generally applicable                                                     
 to underpayments of tax will be imposed on the tax attributable to each prior taxable year, other than a pre-PFIC year. |

The tax liability for amounts allocated to years
prior to the year of disposition or “excess distribution” cannot be offset by any net operating losses for such years,
and gains (but not losses) realized on the sale of the Class A Ordinary Shares cannot be treated as capital, even if you hold the Class
A Ordinary Shares as capital assets.

A U.S.