Here are the 424B prospectus supplements from TOP Financial Group Limited (TOP) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow TOP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TOP filings page.
TOP Financial Group Ltd (TOP) covers the resale by selling shareholders of up to 98,179,613 Class A ordinary shares, adjusted for the 5-for-1 reverse share split effective August 3, 2026. TOP is not registering shares for its own sale and will receive no proceeds; all net proceeds go to the selling shareholders. The shares consist of 42,886,245 issued in the March 2026 private placement and 55,293,368 issued upon warrant exercise. TOP states that all warrants have been exercised and none remain outstanding.
TOP reported revenue of $4.7 million for the year ended March 31, 2026, compared with $3.3 million for the year ended March 31, 2025. It operates through subsidiaries primarily based in Hong Kong and describes itself as a Cayman Islands holding company; it warns of uncertainty around PRC oversight and future regulation. TOP states it has no present plan to declare or pay dividends on its Class A ordinary shares. As of October 8, 2026, 121,706,506 Class A ordinary shares and 2,000,000 Class B ordinary shares were outstanding.
TOP Financial Group Limited is conducting a registered direct offering of 6,441,012 Class A Ordinary Shares at an offering price of $0.45645 per share pursuant to a Securities Purchase Agreement dated June 19, 2026. The offering is direct to named institutional investors and is expected to close on June 25, 2026. The Company expects gross proceeds of approximately $2,939,999.93 and intends to use net proceeds for working capital and general corporate purposes.
The prospectus supplement states 37,068,205 Class A Ordinary Shares outstanding as of the date of this prospectus supplement, and pro forma shares outstanding after the offering of 43,509,217. The offering is made under the Company’s shelf registration on Form F-3 and the Company will pay offering expenses. Nasdaq listing and recent minimum bid-price compliance are disclosed.