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TWG Granted Second Grace Period by Nasdaq for Minimum Bid Price Compliance
Hong Kong, June 11, 2025 (GLOBE NEWSWIRE) -- Top Wealth Group Holding Limited (NASDAQ: TWG) (“Top Wealth” or the “Company”), announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on June 10, 2025, indicating that the Company is granted an additional 180 calendar days, until December 8, 2025, to regain compliance with the minimum bid price requirement of $1 per share, as stipulated by Nasdaq Listing Rule 5550(a)(2). If compliance Jun 11, 2025 - $TWG
Top Wealth Group Announces 2024 First Half Financial Results Amid Revenue Decline
Top Wealth Group Holding Limited ( (TWG) ) has issued an update. Top Wealth Group Holding Limited reported a significant decline in revenue by 36.86% for the first half of fiscal year 2024, attributed to the impact of a previous Christmas promotion. Despite a decrease in cost of sales leading to a higher gross margin, the company experienced increased selling and administrative expenses, resulting in a net loss. The company’s financial activities were notably influenced by a rise in advertising Jan 3, 2025 - $TWG
Top Wealth Group Holding Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
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 Dec 13, 2024 - $TWG
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