other material
confidence high
sentiment neutral
materiality 0.50
TOP Financial Group announces 1-for-5 reverse share split effective August 3, 2026
TOP Financial Group Ltd
- Share consolidation at 1-for-5 ratio for both Class A and Class B ordinary shares.
- Effective August 3, 2026; post-split trading under symbol 'TOP' with new CUSIP G989A6110.
- Outstanding Class A shares reduced from ~608.5M to ~121.7M; Class B from 10M to ~2M.
- Authorized capital adjusted to US$20M divided into 4B ordinary shares of US$0.005 par value each.
- Fractional shares rounded up to nearest whole share; no shareholder action required.