Wellchange Holdings Company Limited filed a Form 6-K on November 2, 2026, reporting the voting results of an extraordinary general meeting and a Class B meeting held on October 29, 2026, at which shareholders approved a 1-for-10 Class A ordinary share consolidation and related amendments to the company's memorandum and articles of association.

Key Highlights

  • Share consolidation approved: Every ten (10) issued and unissued Class A Ordinary Shares of par value US$0.000025 each will be consolidated into one (1) Class A Ordinary Share of par value US$0.00025 each, at an aggregate ratio of one-for-ten (1-for-10).
  • Record date share counts: As of October 12, 2026, there were 10,581,066 Class A ordinary shares and 1,625,043 Class B ordinary shares outstanding.
  • Meeting quorum: Holders representing approximately 50.44% of total issued and outstanding ordinary shares and approximately 96.50% of total voting power were present at the extraordinary general meeting.
  • Class B Meeting unanimous: All 1,625,043 Class B ordinary shares voted in favor of the Class B Proposal, with zero votes against and zero abstentions.
  • New conversion rate: Following the consolidation, the conversion rate for Class B Ordinary Shares into Class A Ordinary Shares will be fifty (50) Class B Ordinary Shares of par value USD0.000005 each into one (1) Class A Ordinary Share of par value USD0.00025 each.
  • Seventh A&R M&A adopted: The company adopted its seventh amended and restated memorandum and articles of association, with authorized share capital of US$50,000.00 divided into 198,000,000 Class A Ordinary Shares and 100,000,000 Class B Ordinary Shares.
  • All proposals passed: All four proposals at the extraordinary general meeting and the Class B Proposal were approved, according to the filing.

Wellchange Holdings Extraordinary General Meeting: Share Consolidation and Governance Changes

According to the filing, Wellchange Holdings Company Limited (NASDAQ:WCT) held its extraordinary general meeting on October 29, 2026, at 10:00 a.m. Hong Kong Time, at its principal office at Unit 7 on the 25th Floor, Global Gateway Tower, No. 63 Wing Hong Street, Kowloon, Hong Kong. A separate Class B Meeting was held concurrently. The record date for both meetings was October 12, 2026. Holders of Class A ordinary shares were entitled to one (1) vote per share, while holders of Class B ordinary shares were entitled to one hundred (100) votes per share.

The filing reports that Proposal 1, the Class A Share Consolidation, received 166,902,381 votes for, 133,615 votes against, and 14 abstentions. Proposal 2, the adoption of the Seventh Amended and Restated Memorandum and Articles of Association, received 166,916,327 votes for, 112,621 against, and 7,062 abstentions. Proposal 3, authorizing directors to take implementation actions, received 166,916,587 votes for, 112,362 against, and 7,061 abstentions. Proposal 4, authorizing adjournment if necessary, received 166,916,476 votes for, 117,155 against, and 2,379 abstentions.

The filing further discloses that fractional Class A Ordinary Shares created as a result of the consolidation will be rounded up to the nearest whole share at the holder level. The par value of each Class A Ordinary Share will increase proportionally from US$0.000025 to US$0.00025, while the aggregate authorized share capital attributable to Class A Ordinary Shares remains unchanged. The Seventh Amended and Restated Memorandum and Articles of Association is filed as Exhibit 3.1 to the report. The filing was signed by Chief Executive Officer Shek Kin Pong on November 2, 2026.

What Was Disclosed

Wellchange Holdings disclosed the voting results of its October 29, 2026 extraordinary general meeting and Class B meeting, at which shareholders approved a 1-for-10 Class A share consolidation, an updated memorandum and articles of association, and related implementation authorizations.