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Chaince Securities LLC Acts as Exclusive Placement Agent in Wellchange Holdings’ $4 Million Private Placement
ByAinvest
Monday, Sep 22, 2025 8:37 am ET1min read
Chaince Securities LLC acted as the exclusive placement agent for Wellchange Holdings Company Limited in a private placement of securities. The offering raised $4 million and consisted of 100 million Class A ordinary shares sold at $0.04 per share. The net proceeds will be used for general corporate purposes, including acquisitions and working capital. The company plans to file a resale registration statement with the US Securities and Exchange Commission within 60 days of the closing.
Wellchange Holdings Company Limited (WCT) has secured a $4 million private placement through the sale of 100 million Class A ordinary shares at approximately $0.04 per share. The securities purchase agreement was signed on September 9, 2025, with the transaction closing on September 15, 2025. Chaince Securities LLC acted as the exclusive placement agent for this offering, which was conducted under Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D. The company has committed to registering the resale of shares within 60 days of the agreement.The net proceeds from this transaction will be used for general corporate purposes, including acquisitions and working capital. This strategic move allows Wellchange Holdings to bolster its financial position and support its ongoing growth initiatives.
The company's latest funding round underscores its commitment to innovation and expansion in the enterprise software sector. By securing this private placement, Wellchange Holdings aims to enhance its service capacity, intensify marketing efforts, and facilitate international expansion. This funding will also contribute to the company's general working capital needs, ensuring it remains well-positioned to capitalize on emerging opportunities in the market.
Wellchange Holdings has a history of successful financial transactions, with previous offerings generating significant proceeds. The company's latest private placement is expected to further strengthen its financial foundation and support its long-term strategic goals.
For more information, refer to the official press release from Wellchange Holdings [1].
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