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Top Wealth Group Holding Limited Reveals Pricing of Initial Public Offering.

Benzinga LogoBenzinga2w ago

 Top Wealth Group Holding Limited Reveals Pricing of Initial Public Offering. - Benzinga

Quick Summary:

Hong Kong, April 16, 2024 (GLOBE NEWSWIRE) -- Top Wealth Group Holding Limited (the "Company" or "Top Wealth"), a Hong Kong-based supplier of luxury caviar products, today announced the pricing of its initial public offering (the "Offering") of 2,000,000 ordinary shares at a public offering price of US$4.00 per ordinary share.

In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 ordinary shares at the public offering price after the closing of the Offering, less underwriting discounts.

Ortoli Rosenstadt LLP is acting as the U.S. counsel to the Company, and The Crone Law Group P.C. is acting as U.S. counsel to Revere Securities LLC in connection with the Offering.


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Article Details

Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-16 @ 11:30:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 818 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 20737508

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Official Website: benzinga.com

Update Frequency: 1 posts per day

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News Last Updated: 20 hours ago

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