Wellchange Holding Company Limited Announces Closing of $10 Million Public Offering of its Ordinary Shares
Public Offering Announcement: Wellchange Holding Company Limited has successfully closed a public offering of 25 million ordinary shares at $0.40 each, generating approximately $10 million in gross proceeds.
Company Overview: Wellchange is an enterprise software solution provider based in Hong Kong, focusing on customized software solutions and SaaS platforms aimed at helping small and medium businesses enhance their digital transformation and productivity.
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Wellchange Holdings Granted 180-Day Extension by Nasdaq to Meet Minimum Bid Price Compliance
Compliance Extension Granted: Wellchange Holdings has received a 180-day extension from Nasdaq to meet the minimum bid price requirement of $1.00 per share, now due by April 27, 2026.
Previous Non-Compliance Notification: The company was previously notified on April 30, 2025, that it did not meet the minimum bid price requirement for 30 consecutive business days, leading to the initial compliance period.
Conditions for Compliance: To regain compliance, Wellchange's Class A ordinary shares must maintain a closing bid price of at least $1.00 for ten consecutive business days during the new compliance period.
Company Overview: Wellchange Holdings, based in Hong Kong, provides enterprise software solutions and aims to assist small and medium businesses in their digital transformation and productivity optimization.
Chaince Securities LLC Acts as Sole Placement Agent for Wellchange Holdings' (NASDAQ: WCT) $4 Million Private Placement
Private Placement Announcement: Chaince Securities LLC acted as the exclusive placement agent for Wellchange Holdings Company Limited, facilitating a private placement of 100 million Class A ordinary shares at $0.04 per share, raising $4 million in gross proceeds.
Use of Proceeds and Future Plans: Wellchange intends to use the net proceeds for general corporate purposes, including potential acquisitions and working capital, and has committed to filing a resale registration statement with the SEC within 60 days of the offering's closing.
Chaince Securities LLC Acts as Sole Placement Agent for Wellchange Holdings' $4 Million Private Placement (NASDAQ: WCT)
Private Placement Announcement: Chaince Securities LLC acted as the exclusive placement agent for Wellchange Holdings Company Limited, facilitating a private placement of 100 million Class A ordinary shares at $0.04 per share, raising $4 million in gross proceeds.
Use of Proceeds and Future Plans: Wellchange intends to use the net proceeds for general corporate purposes, including potential acquisitions and working capital, and has committed to filing a resale registration statement with the SEC within 60 days of the offering's closing.
Why Deckers Outdoor Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket
Deckers Outdoor Corporation Performance: Shares of Deckers Outdoor Corporation rose 11.6% in pre-market trading after reporting first-quarter earnings of 93 cents per share, exceeding analyst estimates, and quarterly revenue of $964.5 million, surpassing expectations.
Market Movements: Various stocks experienced significant changes in pre-market trading, with notable gainers including Linkhome Holdings (up 51%) and Coursera (up 22.5%), while losers included Incannex Healthcare (down 42.1%) and Intel Corporation (down 5.9%).
Wellchange Holdings Company Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Compliance Notification from Nasdaq: Wellchange Holdings Company Limited has received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement, as its shares have been below $1.00 for 33 consecutive business days. The company has until October 27, 2025, to regain compliance.
Company's Response and Operations: The company is actively monitoring its share price and considering options to meet Nasdaq requirements, while continuing to focus on providing enterprise software solutions to empower small and medium businesses in their digital transformation efforts.
Why Chanson International Holding Shares Are Trading Higher By Around 170%; Here Are 20 Stocks Moving Premarket
Chanson International Holding's Financial Performance: Shares of Chanson International Holding surged 170% in pre-market trading after reporting a year-over-year increase in FY24 financial results, with EPS rising to 5 cents and revenue increasing to $18.2 million.
Market Movements of Other Stocks: Several stocks experienced significant pre-market trading movements, including Bluejay Diagnostics rising 69.5%, while BrightSpring Health Services fell 35.8%.
Wellchange Holdings Granted 180-Day Extension by Nasdaq to Meet Minimum Bid Price Compliance
Compliance Extension Granted: Wellchange Holdings has received a 180-day extension from Nasdaq to meet the minimum bid price requirement of $1.00 per share, now due by April 27, 2026.
Previous Non-Compliance Notification: The company was previously notified on April 30, 2025, that it did not meet the minimum bid price requirement for 30 consecutive business days, leading to the initial compliance period.
Conditions for Compliance: To regain compliance, Wellchange's Class A ordinary shares must maintain a closing bid price of at least $1.00 for ten consecutive business days during the new compliance period.
Company Overview: Wellchange Holdings, based in Hong Kong, provides enterprise software solutions and aims to assist small and medium businesses in their digital transformation and productivity optimization.
Chaince Securities LLC Acts as Sole Placement Agent for Wellchange Holdings' (NASDAQ: WCT) $4 Million Private Placement
Private Placement Announcement: Chaince Securities LLC acted as the exclusive placement agent for Wellchange Holdings Company Limited, facilitating a private placement of 100 million Class A ordinary shares at $0.04 per share, raising $4 million in gross proceeds.
Use of Proceeds and Future Plans: Wellchange intends to use the net proceeds for general corporate purposes, including potential acquisitions and working capital, and has committed to filing a resale registration statement with the SEC within 60 days of the offering's closing.
Chaince Securities LLC Acts as Sole Placement Agent for Wellchange Holdings' $4 Million Private Placement (NASDAQ: WCT)
Private Placement Announcement: Chaince Securities LLC acted as the exclusive placement agent for Wellchange Holdings Company Limited, facilitating a private placement of 100 million Class A ordinary shares at $0.04 per share, raising $4 million in gross proceeds.
Use of Proceeds and Future Plans: Wellchange intends to use the net proceeds for general corporate purposes, including potential acquisitions and working capital, and has committed to filing a resale registration statement with the SEC within 60 days of the offering's closing.
Why Deckers Outdoor Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket
Deckers Outdoor Corporation Performance: Shares of Deckers Outdoor Corporation rose 11.6% in pre-market trading after reporting first-quarter earnings of 93 cents per share, exceeding analyst estimates, and quarterly revenue of $964.5 million, surpassing expectations.
Market Movements: Various stocks experienced significant changes in pre-market trading, with notable gainers including Linkhome Holdings (up 51%) and Coursera (up 22.5%), while losers included Incannex Healthcare (down 42.1%) and Intel Corporation (down 5.9%).
Wellchange Holdings Company Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Compliance Notification from Nasdaq: Wellchange Holdings Company Limited has received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement, as its shares have been below $1.00 for 33 consecutive business days. The company has until October 27, 2025, to regain compliance.
Company's Response and Operations: The company is actively monitoring its share price and considering options to meet Nasdaq requirements, while continuing to focus on providing enterprise software solutions to empower small and medium businesses in their digital transformation efforts.
Why Chanson International Holding Shares Are Trading Higher By Around 170%; Here Are 20 Stocks Moving Premarket
Chanson International Holding's Financial Performance: Shares of Chanson International Holding surged 170% in pre-market trading after reporting a year-over-year increase in FY24 financial results, with EPS rising to 5 cents and revenue increasing to $18.2 million.
Market Movements of Other Stocks: Several stocks experienced significant pre-market trading movements, including Bluejay Diagnostics rising 69.5%, while BrightSpring Health Services fell 35.8%.
