Wellchange to execute 1-for-5 reverse stock split Sept. 8, 2026
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WCT• Reverse stock split effective Sept. 8, 2026
Wellchange will execute a 1-for-5 reverse stock split of its Class A ordinary shares effective Sept. 8, 2026.Class A shares will trade on a post-split basis at the open that day on Nasdaq under WCT.Outstanding Class A share count is expected to fall to about 10,581,066 from about 52,905,328.Fractional Class A shares will be rounded up; Class B ordinary shares are not affected.Options, warrants, and other Class A-linked securities will be adjusted under their terms.Wellchange to execute 1-for-5 reverse stock split Sept. 8, 2026 - WCT News | Rallies