SC 13G - TOP Financial Group Ltd (0001848275) (Subject)

Hong Kong China, Feb. 12, 2024 (GLOBE NEWSWIRE) -- TOP Financial Group Limited (the "Company") (NASDAQ:TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today announced that it has entered into a definitive agreement with certain investor for the purchase and sale of 2,000,000 ordinary shares together with warrants to purchase up to 2,000,000 ordinary shares at a combined purchase price of $2.50 per share and accompanying warrant (together the "Securities"), pursuant to a registered direct offering resulting in total gross proceeds of approximately $5 million be

HONG KONG, June 30, 2023 (GLOBE NEWSWIRE) -- TOP Financial Group Limited (the "Company") (NASDAQ:TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today reported its financial results for the fiscal year ended March 31, 2023. Fiscal year 2023 highlights: Revenues generated from provision of trading solution services to 9 customers was approximately $4.4 million for the year ended March 31, 2023. The Company commenced trading solution services in May 2021.Other service revenues increased from $280,677 in the year ended March 31, 2022 to $294,083 in the y

Hong Kong China, April 28, 2023 (GLOBE NEWSWIRE) -- TOP Financial Group Limited (the "Company") (NASDAQ:TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today issued the following statement in response to recent market activity: While it is the Company's practice not to comment on any stock movement, we believe it is important to note that we caution investors and all other persons to rely solely on statements and filings with the United States Securities and Exchange Commission issued by the Company itself or its authorized representatives. The Company does n

Hong Kong China, Oct. 31, 2022 (GLOBE NEWSWIRE) -- TOP Financial Group Limited (the "Company") (NASDAQ:TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today announced the preliminary results for the six months ended September 30, 2022. The Company cautioned that these financial results have not been audited or reviewed by the Company's independent registered public accounting firm and may have discrepancies in connection with further reviews by the independent registered public accounting firm of the Company. Six Months Ended September 30, 2022 Operational an

Expect to increase revenue and profit significantly Hong Kong China, Oct. 25, 2022 (GLOBE NEWSWIRE) --  TOP Financial Group Limited ("TOP" or the "Company") (NASDAQ:TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today announced that the company is planning to initiate its over-the-counter (OTC) derivatives business in 2023. In addition to existing exchange traded equities, futures and options, TOP will add the OTC derivatives, which including China A-share, Hong Kong and US stock options. Mr. Ka Fai Yuen, CEO of the Company commented: 'We are thrilled about

Hong Kong China, Sept. 01, 2022 (GLOBE NEWSWIRE) -- TOP Financial Group Limited (the "Company") (NASDAQ:TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today announced that the Company has entered into a Share Purchase Agreement (the "Agreement") to acquire Australia-headquartered brokerage firm TOP 500 Sec PTY Ltd. (the "Target"). Pursuant to the Agreement, the Company agrees to acquire, and PRO800 Limited (the "Seller") agrees to sell, 100% of the equity interest in the Target for a total consideration of $700,000. The closing of the transaction is conditio

HONG KONG, Aug. 17, 2022 (GLOBE NEWSWIRE) -- TOP Financial Group Limited (the "Company") (NASDAQ:TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today reported its financial results for the fiscal year ended March 31, 2022. Fiscal year 2022 highlights: Revenues generated from provision of trading solution services to 9 customers was approximately $3.3 million for the year ended March 31, 2022. The Company commenced trading solution services in May 2021.Other service revenues increased from $277,937 in the year ended March 31, 2021 to $280,677 in the year

Oil prices had their strongest session in over two months Tuesday, with West Texas Intermediate (WTI) light crude climbing 2% to $80 a barrel, and Brent crude rising 1.7% to $84 a barrel. The surge in prices is attributed to the anticipation of increased demand with the start of the driving season and ongoing supply constraints. The market expects that OPEC+ will maintain its voluntary output cuts of 2.2 million barrels per day into the second half of the year during its upcoming June 2 meeting. The United States Oil Fund (NYSE:USO), which tracks the WTI price, rose 3%, factoring in Monday’s oil performance while U.S. markets were closed for Memorial Day. Energy stocks also rallied

TOP Finl Gr's (NYSE:TOP) short percent of float has risen 11.56% since its last report. The company recently reported that it has 615 thousand shares sold short, which is 8.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.21 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is

U.S. stocks traded mostly higher toward the end of trading, while the Nasdaq Composite moved slightly lower on Monday. The Dow traded up 0.52% to 38,873.28 while the NASDAQ fell 0.10% to 15,975.16. The S&P 500 also rose, gaining, 0.12% to 5,032.46. Check This Out: Caterpillar, Marathon Petroleum And More On CNBC's 'Final Trades'   Leading and Lagging Sectors   Energy shares rose by 1.1% on Monday. In trading on Monday, health care shares fell by 0.1%.   Top Headline   Martin Marietta Materials Inc (NYSE:MLM) disclosed a deal to acquire 20 active operations in Alabama, South Carolina, South Florida, Tennessee, and Virginia from affiliates of Blue Water Industries LLC (BWI Southea

Shares of Big Lots, Inc. (NYSE:BIG) fell sharply during Monday’s session after the company reported preliminary fourth-quarter results. Also, Loop Capital downgraded the stock from Hold to Sell and lowered its price target from $6 to $1. Big Lots shares dipped 31.3% to $3.6850 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Millennium Group International Holdings Limited (NASDAQ:MGIH) surged 250% to $3.61 after YC 1926 (BVI) Limited reported an 88.89% stake in the company in a 13G filing on Friday. Beamr Imaging Ltd. (NASDAQ:BMR) shares climbed 241.5% to $7.20 after the company announced it will present its joint research relating to automated vide

TOP Financial Group Ltd (NASDAQ:TOP) shares are trading lower by 35.8% to $3.46 during Monday’s session after the company announced a definitive agreement with an investor for the purchase and sale of 2 million ordinary shares along with warrants for the same number of shares. The purchase price is set at $2.50 per share, totaling approximately $5 million in gross proceeds. The warrants, priced at $2.75, will be exercisable immediately after issuance and will expire three months following the initial exercise date. The offering is expected to close around February 14, pending customary closing conditions, with Univest Securities, LLC acting as the sole placement agent. Is TOP A Go

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) fell sharply during Friday’s session following third-quarter results. Take-Two reported third-quarter total net bookings of $1.34 billion, down 3% year-over-year. The company also revised its 2024 net bookings forecast to $5.25 billion and $5.3 billion, down from $5.45 billion and $5.55 billion earlier. Take-Two Interactive Software shares dipped 8.8% to $154.69 on Friday. Here are some other stocks moving in today's mid-day session. Gainers Sunworks, Inc. (NASDAQ:SUNW) shares jumped 267% to $0.1990. Sunworks and three subsidiaries recently made the decision to cease operations and filed for Chapter 7 bankruptcy in the Uni