Top Wealth Group Announces 1-for-90 Share Consolidation to Maintain Nasdaq Listing

Reuters
17 Jul
Top Wealth Group Announces 1-for-90 Share Consolidation to Maintain Nasdaq Listing

Top Wealth Group Holding Ltd. $(TWG)$ has announced a 1-for-90 share consolidation of its Class A and Class B ordinary shares, effective July 21, 2025. This move aims to help the company comply with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq Capital Market. Post-consolidation, shares will trade under the same symbol "TWG" but with a new CUSIP number G8945S110. The consolidation will not impact shareholders' percentage interests, except for adjustments due to fractional shares, which will be rounded up.

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. Top Wealth Group Holding Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9496265-en) on July 17, 2025, and is solely responsible for the information contained therein.

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