Top Wealth Group Holding Ltd. (TWG)

Top Wealth Group Holding Limited’s Quiet Period Set To End on May 27th (NASDAQ:TWG)

Top Wealth Group’s (NASDAQ:TWG – Get Free Report) quiet period is set to end on Monday, May 27th. Top Wealth Group had issued 2,000,000 shares in its initial public offering on April 16th. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During Top Wealth Group’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company. Top Wealth Group Stock Up 3.6 % TWG stock opened at $1.16 on Monday. Top Wealth Group has a 1 year low of $0.95 and a 1 year high of $5.50. About Top Wealth Group (Get Free Report) Top Wealth Group Holding Limited, through its subsidiaries, provides caviar and caviar-based gourmet products in Hong Kong and internationally. The company also trades in caviars; and offers its products under the Imperial Cristal Caviar brand name. It serves food and beverage related distributors. The company was founded in 2009 and is based in Sai Wan, Hong Kong.