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Top KingWin Ltd. Announces Trading Ticker Symbol Change to “DPU”

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Top KingWin (NASDAQ: WAI) announced that its Class A ordinary shares will begin trading on the Nasdaq Capital Market under the new ticker symbol “DPU”, effective July 16, 2026. The new symbol replaces “WAI”, with no required shareholder action, continued Nasdaq listing, and an unchanged CUSIP number.

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Market reaction after ticker symbol change: WAI +33.36% in the Jul 15 session

+33.36% 47.2x vol
32 alerts
+33.36% Session close to close
+31.1% Peak Tracked
-3.7% Trough Tracked
$4.43M Market Cap
47.2x Rel. Volume

In the Jul 15 session, WAI gained 33.36%, reflecting a significant positive market reaction. Argus tracked a peak move of +31.1% during that session. Argus tracked a trough of -3.7% from its starting point during tracking. Our momentum scanner triggered 32 alerts that day, indicating elevated trading interest and price volatility. Trading volume was exceptionally heavy at 47.2x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +33.4% in the session following this news. If a sharp post-announcement rally follo...
Analysis

The stock surged +33.4% in the session following this news. If a sharp post-announcement rally followed this ticker symbol change, it would come against a backdrop of a recent price near $1.92 and a position about 90.4% below the 52-week high, with only low short positioning limiting squeeze dynamics.

Key Figures

Ticker change effective date: July 16, 2026
1 metrics
Ticker change effective date July 16, 2026 Effective date for new Nasdaq ticker symbol “DPU”

Key Terms

cusip number
1 terms
cusip number financial
"the CUSIP number remains unchanged"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Guangzhou, China, July 15, 2026 (GLOBE NEWSWIRE) -- Top KingWin Ltd. ("Top KingWin" or the "Company") (NASDAQ: WAI) announced today that effective on July 16, 2026, its Class A ordinary shares will begin trading on the Nasdaq Capital Market under the ticker symbol “DPU”. This new ticker symbol will replace the Company’s previous ticker symbol “WAI”.

No action by the Company’s shareholders is required with respect to the ticker symbol change. The Company's Class A ordinary shares continue to be listed on the Nasdaq Capital Market and the CUSIP number remains unchanged.

About Top KingWin Ltd

Top KingWin Ltd. is a Cayman Islands holding company that conducts its operations through its wholly-owned subsidiaries in China and in the U.S. The Company currently engages in the sales of devices to support data collection and analysis and sales of artificial intelligence (“AI”) robots.

Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical fact in this press release are forward-looking statements, including but not limited to, the use of proceeds from the Company's offering, the intent, belief or current expectations of Top KingWin and members of its management, as well as the assumptions on which such statements are based. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and in its other filings with the SEC.

For more information, please contact:
Email: IR@tcjhgw.cn


FAQ

When will Top KingWin change its Nasdaq ticker from WAI to DPU?

Top KingWin will change its Nasdaq ticker from WAI to DPU on July 16, 2026. According to Top KingWin, its Class A ordinary shares will start trading under the new symbol on that date while remaining on the Nasdaq Capital Market.

Do Top KingWin (WAI) shareholders need to take action for the DPU ticker change?

Shareholders do not need to take any action for the ticker change from WAI to DPU. According to Top KingWin, the change is automatic and does not affect shareholder holdings or require any exchange of shares.

Will Top KingWin’s Class A ordinary shares remain listed on Nasdaq after switching to DPU?

Yes, Top KingWin’s Class A ordinary shares will remain listed on the Nasdaq Capital Market after switching to ticker DPU. According to Top KingWin, only the trading symbol changes; the listing venue and CUSIP number stay the same.

What happens to the previous Top KingWin ticker symbol WAI after July 16, 2026?

After July 16, 2026, the previous ticker symbol WAI will be replaced by DPU for trading on Nasdaq. According to Top KingWin, its Class A ordinary shares will then only trade under the new DPU symbol on the Nasdaq Capital Market.

Does the Top KingWin ticker change from WAI to DPU affect its CUSIP number?

The ticker change from WAI to DPU does not affect Top KingWin’s CUSIP number. According to Top KingWin, the CUSIP remains unchanged, meaning the security identifier stays the same despite the new trading symbol.