Top Wealth Group Holding Announces Receipt Of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Author: Benzinga Newsdesk | December 13, 2024 09:36am

Top Wealth Group Holding Limited (NASDAQ:TWG) ("Top Wealth" or the "Company"), a Hong Kong-based supplier of luxury caviar products, today announced that it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on December 9, 2024, indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days.

Posted In: TWG