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0.0149253731343284 0 0 0 0.00639658848614078 0.00213219616204686 0.00213219616204686 -0.00426439232409373
Stock impact report

Top Wealth Group Holding Limited Announces Closing of $10.8 Million Public Offering of Ordinary Shares

Top Wealth Group Holding Limited - Ordinary Shares (TWG) 
Company Research Source: GlobeNewswire
Hong Kong, Oct. 14, 2024 (GLOBE NEWSWIRE) --  Top Wealth Group Holding Limited (NASDAQ: TWG) (“Top Wealth” or the “Company”), a Hong Kong-based supplier of luxury caviar products, today announced the closing of its public offering of 27,000,000 ordinary shares at a public offering price of $0.4 per ordinary share. Gross proceeds, before deducting placement agent fees and other offering expenses, were approximately $10.8 million. AC Sunshine Securities LLC acted as the sole placement agent in connection with this offering. The securities described above were offered pursuant to a registration statement on Form F-1, as amended (File No. 333-282302) (the “Registration Statement”), which was declared effective by the Securities and Exchange Commission (the “SEC”) on September 30, 2024. The offering was being made only by means of a prospectus which is a part of the Registration Statement. A final prospectus relating to the offering is expected to be filed with the SEC Show less Read more
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