Top Financial issues 428,862,444 share warrants in US$80 million private placement
TOP•Warrant terms and share count
The warrants are exercisable immediately at US$0.45 per share and expire on July 9, 2029.
Following the offering, Class A shares outstanding rose to 247,984,676, while Class B shares remained 10,000,000.
Private placement closed on July 9
Top Financial closed a private placement on July 9, 2026, issuing 214,431,222 Class A shares with warrants for up to 428,862,444 shares.
The offering was priced at US$0.37 per unit and gross proceeds totaled US$80 million.
