TOP Financial Group Limited Announces 1-for-5 Share Consolidation

TOP Financial Group to Implement 1-for-5 Share Consolidation

TOP Financial Group Limited, an online brokerage firm listed on NASDAQ under the symbol "TOP," has announced that its board of directors approved a share consolidation at a ratio of 1-for-5. This consolidation will affect both the company’s issued and unissued Class A and Class B ordinary shares and is set to take effect on August 3, 2026.

The decision was authorized by the company’s shareholders during an extraordinary general meeting held on May 27, 2026, with the final ratio determined by the board. Following the consolidation, the Class A ordinary shares are expected to begin trading on a post-consolidation basis on the Nasdaq Stock Market under the existing trading symbol "TOP." The new CUSIP number for Class A ordinary shares after this change will be G989A6110.

Original Source: https://www.globenewswire.com/news-release/2026/07/30/3336212/0/en/TOP-Financial-Group-Limited-Announces-1-for-5-Share-Consolidation.html