$WCT have a big pump #WalletConnect | Crypto_Phoenix on Binance Square

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$WCT have a big pump #WalletConnect 

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At the most recent check, Wellchange Holdings Company Limited (NASDAQ: $WCT ) is trading at approximately **\$0.18 per share**, marking a drop of around **9–10%** from its previous closing price . This downturn follows the company’s latest regulatory setback. On **April 28, 2025**, Wellchange received a formal notice from Nasdaq confirming that its share price had failed to meet the required **\$1.00 minimum bid price** for a continuous **33 business days**, spanning from **March 11 to April 25, 2025** . Although this notice does not immediately result in delisting, it initiates a critical **180-calendar-day compliance window**, extending through **October 27, 2025** To regain compliance, Wellchange must restore its bid price to at least **\$1.00 and maintain it for ten consecutive trading days** by the deadline. Management is currently assessing several strategic measures to meet this target. These options include **boosting operational performance and investor interest** to naturally elevate the share price, or implementing a **reverse stock split** to consolidate shares and raise the per-share price artificially . However, such a move carries risks: even after a split, market sentiment could pull the price below the required threshold again. In summary, #wct is trading in the low-\$0.18 range, significantly below Nasdaq’s \$1.00 requirement. The company now faces a tangible deadline on **October 27** to rectify its listing status. Moving forward, investors should closely monitor both market reaction and any announced corporate actions, such as a reverse split or strategic announcements aimed at driving the share price higher. #WalletConnect @WalletConnect

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At the most recent check, Wellchange Holdings Company Limited (NASDAQ: $WCT ) is trading at approximately **\$0.18 per share**, marking a drop of around **9–10%** from its previous closing price . This downturn follows the company’s latest regulatory setback. On **April 28, 2025**, Wellchange received a formal notice from Nasdaq confirming that its share price had failed to meet the required **\$1.00 minimum bid price** for a continuous **33 business days**, spanning from **March 11 to April 25, 2025** . Although this notice does not immediately result in delisting, it initiates a critical **180-calendar-day compliance window**, extending through **October 27, 2025** To regain compliance, Wellchange must restore its bid price to at least **\$1.00 and maintain it for ten consecutive trading days** by the deadline. Management is currently assessing several strategic measures to meet this target. These options include **boosting operational performance and investor interest** to naturally elevate the share price, or implementing a **reverse stock split** to consolidate shares and raise the per-share price artificially . However, such a move carries risks: even after a split, market sentiment could pull the price below the required threshold again. In summary, #wct is trading in the low-\$0.18 range, significantly below Nasdaq’s \$1.00 requirement. The company now faces a tangible deadline on **October 27** to rectify its listing status. Moving forward, investors should closely monitor both market reaction and any announced corporate actions, such as a reverse split or strategic announcements aimed at driving the share price higher. #WalletConnect @WalletConnect

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