Top Wealth announces 1-for-100 share consolidation
TWG•Top Wealth Group Holding will consolidate its Class A and Class B ordinary shares on a 1-for-100 basis effective October 22, 2026, aiming to restore compliance with Nasdaq's minimum bid price requirement and maintain its listing.
1. Consolidation terms
Each 100 outstanding ordinary shares with a par value of $0.009 will become one share with a par value of $0.90. Fractional shares will be rounded up to whole shares, and ownership percentages will otherwise remain unchanged.
2. Trading and compliance
Class A shares will begin trading on a consolidated basis at the Nasdaq Capital Market opening under the unchanged symbol TWG. The consolidation aims to restore compliance with Nasdaq Marketplace Rule 5550(a)(2) to maintain the listing.
