Hong Kong's Top Wealth Group rises after pricing public offering

Top Wealth Holding

11/10/2024 17:04

** Shares of Hong Kong-based luxury caviar supplier Top
Wealth Group  TWG.O  up 188% at $6
    ** Co announces pricing of its public offering of 27 mln
ordinary shares at 40 cents per share
    ** The offering, which is expected raise gross proceeds of
around $10.8 mln, is anticipated to close on Oct. 14
    ** AC Sunshine Securities is the sole placement agent for
the offering
    ** TWG started trading on NASDAQ in April
    ** Including Friday's gains, shares up 204% from the date of
listing 

 (Reporting by Vedant Vinayak Vichare in Bengaluru)
 ((vedant.vinayakvichare@thomsonreuters.com))