Top Wealth Group Holding Ltd (TWG) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
TWG currently has 1.43M outstanding shares. with significant dilution risk as 29M authorized shares could dilute existing holders by 2031.0%. The company has significantly diluted shareholders by 239.28% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 15, 2026 |
20-F filing | 1.4M shares outstanding |
1.4M | 29M |
| Sep 18, 2025 |
F-1 filing: Top Wealth Group Holding Limited is offering Class A Ordinary Shares, Series A and B Class A warrants, pre-funded warrants, and placement agent warrants on a reasonable best efforts basis. |
580K | 29M |
| May 16, 2025 |
20-F filing | 56.0M shares outstanding |
56M | 29M |
| Sep 24, 2024 |
F-1 filing: This is an F-1 filing for a best-efforts offering of up to 27,000,000 Ordinary Shares at an assumed price of $0.99 per share, with AC Sunshine Securities, LLC acting as the placement agent. The net proceeds are intended for working capital and warehousing and logistics services development purposes. |
29M | 29M |
| Jul 02, 2024 |
F-1 filing: This F-1 filing registers for resale ordinary shares by selling shareholders; the company will not receive any proceeds from the sale. The company's ordinary shares are listed on the Nasdaq Capital Market under the symbol 'TWG.' |
29M | 2M |
| May 29, 2024 |
20-F filing | 27.0M shares outstanding |
27M | 2M |
| Nov 21, 2023 |
F-1 filing: This F-1 filing describes an initial public offering of 2,000,000 ordinary shares, with an estimated price range between US$4 and US$6 per share. The company intends to list its Ordinary Shares on the Nasdaq Capital Market under the symbol "TWG". |
27M | 2M |