Top Wealth Group Holding Limited’s (NASDAQ:TWG) Lock-Up Period Will Expire Tomorrow

Top Wealth Group’s (NASDAQ:TWGGet Free Report) lock-up period is set to expire on Monday, October 14th. 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. After the expiration of Top Wealth Group’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Top Wealth Group Stock Up 233.6 %

Shares of NASDAQ TWG opened at $7.14 on Friday. The firm’s 50-day simple moving average is $1.31. Top Wealth Group has a 1 year low of $0.65 and a 1 year high of $8.60.

Top Wealth Group Company Profile

(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.

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