Company Overview - Top Wealth Group Holding Limited is a holding company incorporated in the Cayman Islands, with operations conducted through its subsidiary in Hong Kong, Top Wealth Group (International) Limited [6] - The company specializes in supplying premium-class sturgeon caviar and fine winery products, with its caviar products endorsed by CITES permits [6] - The brand "Imperial Cristal Caviar" has experienced significant sales growth since its market launch [6] Offering Details - The company announced the closing of a public offering of 720,000 units at a price of $7.00 per unit, which includes one Class A ordinary share and two types of warrants [1] - The total gross proceeds from this offering were approximately $5.04 million, before deducting fees and expenses [3] - If fully exercised, the Class A Warrants could provide an additional gross proceeds of approximately $10.08 million [3] Warrant Information - The Class A Warrants have an exercise price of $7.00 per share and are immediately exercisable upon issuance [1] - The Series A Class A Warrants will expire five years after the issuance date, while the Series B Class A Warrants will expire eighteen months after the issuance date [1] Placement Agent - Univest Securities, LLC acted as the exclusive placement agent for the offering [2] Regulatory Compliance - The securities were offered under a registration statement on Form F-1, which was filed with the SEC and declared effective on December 8, 2025 [4]
TWG Announces Closing of $5.04 million Public Offering