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Top Wealth Group announces 1-for-90 reverse share split to regain Nasdaq compliance
* Top Wealth Group (NASDAQ:TWG [https://seekingalpha.com/symbol/TWG]) will implement a 1-for-90 share consolidation of its Class A and Class B Ordinary Shares, effective at market open on July 21, 2025.
* The move aims to regain compliance with Nasdaq rule of minimum bid price of $1.
* TWG shares down 7% on Thursday.
* Source: Press release [https://seekingalpha.com/pr/20169808-twg-announces-1-forminus-90-share-consolidation]
MORE ON TOP WEALTH GROUP HOLDING LIMITED
* Financial information for Top Wealth Group Holding Limited [https://seekingalpha.com/symbol/TWG/income-statement]
