TOP Financial Group Limited, an online brokerage firm listed on NASDAQ under the symbol "TOP," has announced a 1-for-5 share consolidation. Scheduled to take effect on August 3, 2026, this consolidation impacts both the issued and unissued Class A and Class B ordinary shares.
The company's board of directors approved the share consolidation, which was previously authorized by shareholders at an extraordinary general meeting on May 27, 2026. The decision finalized the 1-for-5 consolidation ratio.
Following the share consolidation, TOP's Class A ordinary shares are expected to trade on a post-consolidation basis on the Nasdaq Stock Market, retaining the current trading symbol "TOP." A new CUSIP number, G989A6110, will be assigned to the Class A ordinary shares.
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