Top Wealth Group’s (NASDAQ:TWG – Get Free Report) quiet period is set to expire on Monday, May 27th. Top Wealth Group had issued 2,000,000 shares in its initial public offering on April 16th. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During Top Wealth Group’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Top Wealth Group Price Performance
TWG stock opened at $1.06 on Friday. Top Wealth Group has a twelve month low of $0.95 and a twelve month high of $5.50.
Top Wealth Group Company Profile
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