Company: WCT
Filing Date: 2025-10-07
Form Type: DRS
Source: 0001213900-25-096917
Chunk: 69

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-10-07
Form: DRS
Chunk 69
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| ● | additions to or departures 
 of our senior management;  |

| ● | litigation or regulatory proceedings                               
 involving us, our officers, directors, or controlling shareholder; |

| ● | release or expiry of lock-up                                                   
 or other transfer restrictions on our outstanding Class A Ordinary Shares; and |

| ● | sales or perceived potential                 
 sales of additional Class A Ordinary Shares. |

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Many of these factors are outside of our control,
and any of these factors may result in large and sudden changes in the volume and price at which our Class A Ordinary Shares will trade.

Recently, there have been instances of extreme
stock price run-ups followed by rapid price declines and strong stock price volatility with a number of recent initial public offerings,
especially among companies with relatively smaller public floats. As a small-capitalization company with a small public float, we may
experience greater stock price volatility, extreme price run-ups, lower trading volume and less liquidity than large-capitalization companies.
In particular, our Class A Ordinary Shares may be subject to rapid and substantial price volatility, low volumes of trades and large spreads
in bid and ask prices. Such volatility, including any stock-run up, may be 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.

In addition, if the trading volumes of our Class
A Ordinary Shares are low, persons buying or selling in relatively small quantities may easily influence prices of our Class A Ordinary
Shares. This low volume of trades could also cause the price of 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