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Wellchange CEO Shek subscribes for 1,465,043 Class B shares in US$ 1.37 million deal

PUBT·07/06/2026 20:06:55
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Wellchange CEO Shek subscribes for 1,465,043 Class B shares in US$ 1.37 million deal
  • Wellchange entered a private subscription with CEO Shek Kin Pong for 1,465,043 newly issued Class B ordinary shares.
  • Purchase price set at US$0.94 per share, totaling US$1.37 million; priced off the June 30 Nasdaq close for Class A shares.
  • Transaction closed July 2, 2026.
  • Post-deal, Shek holds 296,000 Class A shares, 1,625,043 Class B shares; about 98.42% of total voting power.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wellchange Holdings Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-075477), on July 06, 2026, and is solely responsible for the information contained therein.