Hong Kong, Dec. 13, 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 that it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on December 9, 2024, indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive busine

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"

Hong Kong, Oct. 11, 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 pricing 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, are expected to be approximately $10.8 million. The offering is expected to close on October 14, 2024, subject to customary closing conditions. AC Sunshine Securities LLC is acting as sole placement agent in connection with this offering. The securities described above are being offered pursuant to a

Minimum Bid Price Deficiency Hong Kong, Aug. 05, 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 that it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on July 30, 2024 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per sh