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Top Wealth Group Holding Regains Nasdaq Compliance

Benzinga News-desk 7 hours ago

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Top Wealth Group Holding Limited (NASDAQ:TWG) ("Top Wealth" or the "Company"), today announced that it received a letter dated November 9, 2026 from the Listing Qualifications Department of The Nasdaq

Top Wealth Group Holding Limited (NASDAQ:TWG) (“Top Wealth” or the “Company”), today announced that it received a letter dated November 9, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market.

As previously announced, on October 2, 2026, Nasdaq notified the Company that the closing bid price of its Class A ordinary shares had been below US$1.00 per share for the previous 30 consecutive business days. To regain compliance, the Company effected a 1-for-100 share consolidation of its ordinary shares, and its Class A ordinary shares began trading on a post-share consolidation basis on the Nasdaq Capital Market on October 26, 2026.

According to the letter, Nasdaq has determined that for the 10 consecutive business days from October 26, 2026 through November 6, 2026, the closing bid price of the Company’s Class A ordinary shares has been at US$1.00 per share or greater. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and Nasdaq has indicated that the matter is now closed.

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