Top Wealth Group enters at-the-market sales agreement for up to USD 200 million share offering
TWG•Use of proceeds
The company said net proceeds are earmarked for general corporate purposes.
At-the-market sales agreement
- Top Wealth Group Holding entered an at-the-market sales agreement with Chaince Securities to sell Class A ordinary shares.
- The program allows sales of up to USD 200 million under the company’s shelf registration statement.
- Chaince Securities will receive a 3% cash fee on gross proceeds, plus a 1% expense allowance.
