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Nasdaq notifies Top Wealth of non-compliance with the $1.00 minimum bid price
TWGTop Wealth Group Holding Ltd
Top Wealth Group Holding Limited received a notification from Nasdaq indicating it is not in compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company's closing bid price fell below US$1.00 per share for 30 consecutive business days ending October 1, 2026. Top Wealth has a 180-day compliance period until March 31, 2027 to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. The notice has no immediate effect on the company's listing or trading. If the deficiency is not cured, the company may seek an additional extension and could consider a reverse stock split. Top Wealth Group Holding Limited operates as a holding company specializing in supplying premium-class sturgeon caviar under private labels and its own brand.