TWG Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement
Key Highlights
- ➤TWG regained Nasdaq minimum bid-price compliance after 10 consecutive days above $1.00
- ➤1-for-100 share consolidation took effect October 26, 2026
- ➤Nasdaq closed the listing-compliance matter after notifying TWG November 9, 2026
Lille, Nov. 10, 2026 (GLOBE NEWSWIRE) -- 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.
Get started
Create a free account to read the full story.