---
title: "Wellchange CEO Shek subscribes for 1,465,043 Class B shares in US$ 1.37 million deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291839352.md"
description: "Wellchange Holdings announced that CEO Shek Kin Pong subscribed for 1,465,043 newly issued Class B ordinary shares in a private placement deal valued at US$1.37 million. The shares were purchased at US$0.94 each, based on the June 30 Nasdaq Class A close. The transaction closed on July 2, 2026. Following this acquisition, Shek holds approximately 98.42% of the company's total voting power."
datetime: "2026-07-06T20:06:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291839352.md)
  - [en](https://longbridge.com/en/news/291839352.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291839352.md)
generator: "portal-rs"
---

# 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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**