Company: WCT
Filing Date: 2025-10-07
Form Type: DRS
Source: 0001213900-25-096917
Chunk: 74

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-10-07
Form: DRS
Chunk 74
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 A Ordinary Share price may be more volatile.

Because our business is conducted in Hong Kong dollars and the price of our Class A Ordinary Shares is quoted in United States dollars, changes in currency conversion rates may affect the value of your investments.

Our business is conducted in Hong Kong, our books
and records are maintained in Hong Kong dollars, which is the currency of Hong Kong, and the financial statements that we file with the
SEC and provide to our shareholders are presented in United States dollars. Changes in the exchange rate between the Hong Kong dollar
and U.S. dollar affect the value of our assets and the results of our operations in United States dollars. The value of the Hong Kong
dollar against the United States dollar and other currencies may fluctuate and is affected by, among other things, changes in Hong Kong’s
political and economic conditions and perceived changes in the economy of Hong Kong and the United States. Any significant revaluation
of the Hong Kong dollar may materially and adversely affect our cash flows, revenue and financial condition. Further, as our Class A Ordinary
Shares offered by this prospectus are denominated in United States dollars, we will need to convert the net proceeds we receive into Hong
Kong dollar in order to use the funds for our business. Changes in the conversion rate between the United States dollar and the Hong Kong
dollar will affect the amount of proceeds we will have available for our business.

We do not intend to pay dividends for the foreseeable future.

We currently intend to retain any future earnings
to finance the operation and expansion of our business, and we do not expect to declare or pay any dividends in the foreseeable future.
As a result, you may only receive a return on your investment in our Class A Ordinary Shares if the market price of our Class A Ordinary
Shares increases. Our board of directors has complete discretion as to whether to distribute dividends, subject to certain requirements
of Cayman Islands law. In addition, our shareholders may by ordinary resolution, declare a dividend, but no dividend may exceed the amount
recommended by our directors.

There can be no assurance that we will not be deemed a passive foreign investment company, or PFIC, for U.S. federal income tax purposes for any taxable year, which could result in adverse U.S. federal income tax consequences to U.S. holders of our Class A Ordinary Shares.

A non-U.S. corporation will be a PFIC for any
taxable year if either (1) at least 75% of its gross income for such year consists of