Wellchange Holdings (WCT) said Thursday it closed its initial public offering of 2 million ordinary shares at $4 apiece, including 900,000 shares offered by a shareholder, for gross proceeds of $4.4 million.
The Hong Kong-based enterprise software solution services provider debuted on Nasdaq Wednesday.
Wellchange shares were down more than 4% in recent trading.
Price: 3.94, Change: -0.17, Percent Change: -4.14
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