Dividends & Buybacks ·
Wellchange Holdings Company Limited filed a proxy statement for an extraordinary general meeting on September 2, 2026…
WCTWellchange Holdings Co Ltd
Wellchange Holdings Company Limited filed a proxy statement for an extraordinary general meeting on September 2, 2026, proposing a one-for-five reverse stock split of its Class A Ordinary Shares to increase the per-share trading price and comply with Nasdaq minimum bid price requirements. The consolidation would take effect immediately following the meeting, adjusting the par value from US$0.000005 to US$0.000025 while keeping aggregate authorized capital unchanged. Fractional shares will be rounded up to the nearest whole share. Approval requires a Class B shareholder special resolution and an ordinary shareholder majority. The company operates in the financial services industry, providing wealth management and investment advisory services.