TOP Financial Group Limited Announces 1-for-5 Share Consolidation
TOP Financial Group announced a 1-for-5 share consolidation of its Class A and Class B ordinary shares, effective August 3, 2026. The move was authorized by shareholders in May and will increase the par value of shares to $0.005. The consolidation reduces issued Class A shares from approximately 608.5 million to 121.7 million, while trading will continue on the Nasdaq under the existing 'TOP' symbol with a new CUSIP. Authorized share capital will be adjusted to $20 million divided into 4 billion ordinary shares.
Key figures
- Post par value
- US$0.005
- Reverse split ratio
- 1-for-5
- Authorized share capital
- US$20,000,000
- Pre shares outstanding class a
- 608527305
- Post shares outstanding class a
- 121705461
- Post shares outstanding class b
- 2000000
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