Company: WCT
Filing Date: 2025-12-05
Form Type: 424B3
Source: 0001213900-25-118563
Chunk: 15

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-05
Form: 424B3
Chunk 15
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Summary of Risk Factors Investing in our Class A Ordinary Shares involves significant risks. Our business is subject to multiple risks and uncertainties, as more fully described in “ Risk Factors” and elsewhere in this prospectus. We urge you to read “ Risk Factors” in “ Item 3. Key Information—Risk factors” in the 2024 Annual Report incorporated by reference in this prospectus and this prospectus in full. Our principal risks may be summarized as follows: Risks Related to our Business and Industry We may require additional financing to support our future capital requirements. Our ability to timely raise capital in the future may be limited, or may be unavailable on acceptable terms, if at all. Our failure to raise capital when needed could harm our business, operating results and financial condition. Debt or equity issued to raise additional capital may reduce the value of our Class A Ordinary Shares. See “ Risk Factors —Risks Related to our Business and Industry — We may require additional financing to support our future capital requirements. Our ability to timely raise capital in the future may be limited, or may be unavailable on acceptable terms, if at all. Our failure to raise capital when needed could harm our business, operating results and financial condition. Debt or equity issued to raise additional capital may reduce the value of our Class A Ordinary Shares”on page 15. Risks Related to Doing Business in Hong Kong

| ● | All of our operations are in Hong Kong. However, due                                                                                            
 to the long-arm application of the current PRC laws and regulations, the PRC government may exercise significant direct oversight and           
 discretion over the conduct of our business and may intervene or influence our operations, which could result in a material change in           
 our operations and/or the value of our Class A Ordinary Shares. Our Operating Subsidiary in Hong Kong may be subject to the laws                
 and regulations of Mainland China, which may impact our ability to operate profitably and result in a material negative impact on our           
 operations and/or the value of our Class A Ordinary Shares. Furthermore, the changes in the policies, laws, regulations, rules, and enforcement 
 of laws of Mainland China may also occur quickly with little advance notice and our assertions and beliefs of the risk imposed by the           
 Mainland China legal and regulatory system cannot be certain. See “Risk Factors —Risks Related to Doing Business                                
 in Hong Kong — All of our operations are in Hong Kong. However, due to the long-arm application of the current PRC laws                         
 and regulations, the PRC government