TOP Financial Group Limited Announces Full Exercise of All Outstanding Warrants Following Cashless Exercise

TOP Financial Group Limited Completes Cashless Exercise of Warrants

TOP Financial Group Limited, an online brokerage company, announced the full exercise of its outstanding warrants to purchase 428,862,444 Class A ordinary shares. These warrants were issued as part of a recent private placement. According to the company, the exercise was conducted on a cashless basis, resulting in the issuance of 360,534,431 Class A ordinary shares and the cancellation of all outstanding warrants. The company stated that it did not receive any cash proceeds from this exercise.

Original Source: https://www.globenewswire.com/news-release/2026/07/21/3331007/0/en/TOP-Financial-Group-Limited-Announces-Full-Exercise-of-All-Outstanding-Warrants-Following-Cashless-Exercise.html