TOP Financial closes $80M private placement; issues 214M shares and warrants

TOP Financial Group Ltd

Closed private placement of 214,431,222 units at $0.37308/unit, raising $80M gross proceeds.
Each unit consists of one Class A ordinary share and two warrants (exercise price $0.4477, 3-year term, cashless exercise).
Warrants exercisable immediately; shares from exercise locked up for 6 months.
Proceeds for working capital and corporate purposes.
Post-closing shares: 247,984,676 Class A and 10,000,000 Class B (up from 27M Class A before recent financings).

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