Hong Kong, June 11, 2025 – Top Wealth Group Holding Limited (NASDAQ: TWG) (“Top Wealth” or the “Company”) announced that it received notification from Nasdaq on June 10, 2025, granting the company a 180-day extension, until December 8, 2025, to meet the minimum bid price of $1 per share, according to Nasdaq Listing Rule 5550(a)(2). If the company fails to comply by this date, Nasdaq will issue a delisting notification, which the company can appeal to a Hearings Panel.

The Company is currently exploring options to regain compliance and intends to do so in a timely manner. The Company will make every reasonable effort to comply with Rule 5550(a)(2).

About Top Wealth Group Holding Limited

Top Wealth Group Holding Limited, incorporated in the Cayman Islands, operates through its Hong Kong subsidiary, Top Wealth Group (International) Limited. It specializes in premium sturgeon caviar, holding Convention on International Trade in Endangered Species of Wild Fauna and Flora (“CITES”) permits. The company supplies caviar under customer’s private labels and also sells its own brand, “Imperial Cristal Caviar”, which has demonstrated significant sales growth since its market launch.

Safe Harbor Statement

This press release contains forward-looking statements made under the U.S. Private Securities Litigation Reform Act of 1995’s “safe harbor” provisions. These statements are identifiable by terms like “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” and similar expressions. The Company may also issue such statements in SEC filings, annual reports, press releases, and other written or verbal communications. Forward-looking statements, which are not historical facts, include beliefs and expectations and involve inherent risks and uncertainties that could cause actual results to differ materially. Further information on these risks is available in the Company’s SEC filings. All information in this release is current as of the release date, and the Company does not commit to updating it unless legally required.

For more information, please contact:

Top Wealth Group Holding Limited
Investor Relations
Email:

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