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Top Wealth Group Launches Nasdaq IPO

Top Wealth Group Holding Limited (TWG) has released an update.

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Top Wealth Group Holding Limited, a luxury caviar supplier, has announced its IPO on the Nasdaq with 2 million shares priced at $4 each, expecting to raise $8 million to fund international expansion, marketing, and working capital. The shares will start trading on April 16, 2024, under the ticker ‘TWG’, and the offering may include an additional 300,000 shares if underwriters exercise their option within 45 days. The company, which also supplies caviar under the ‘Imperial Cristal Caviar’ brand, intends to close the offering by April 18, 2024.

For further insights into TWG stock, check out TipRanks’ Stock Analysis page.

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