Top KingWin Ltd Announces 1-For-25 Reverse Share Split
Top KingWin (Nasdaq: WAI) has announced a 1-for-25 reverse share split of its class A ordinary shares, effective September 8, 2025. The reverse split aims to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share.
Following the split, the company's outstanding shares will reduce from 47 million to approximately 1.9 million, with a new par value of $0.0625 per share. The stock will continue trading under the symbol "WAI" with a new CUSIP number G8923U129. VStock Transfer, LLC will serve as the exchange agent, with no action required from shareholders holding shares in book-entry form or brokerage accounts.
Top KingWin (Nasdaq: WAI) ha annunciato un reverse split 1-per-25 delle sue azioni ordinarie di classe A, con efficacia dall'8 settembre 2025. L'operazione mira a ristabilire la conformit脿 al requisito minimo di prezzo per azione di Nasdaq pari a $1,00.
Dopo il frazionamento inverso, il numero di azioni in circolazione passer脿 da 47 milioni a circa 1,9 milioni, con un nuovo valore nominale di $0,0625 per azione. Le azioni continueranno a essere negoziate con il simbolo "WAI" e avranno un nuovo CUSIP, G8923U129. VStock Transfer, LLC funger脿 da agente per lo scambio; gli azionisti con titoli in forma dematerializzata o su conti di intermediazione non dovranno intraprendere alcuna azione.
Top KingWin (Nasdaq: WAI) ha anunciado una consolidaci贸n inversa de acciones de 1 por 25 de sus acciones ordinarias clase A, con vigencia el 8 de septiembre de 2025. La operaci贸n busca recuperar el cumplimiento del requisito m铆nimo de cotizaci贸n de Nasdaq de $1,00 por acci贸n.
Tras la consolidaci贸n, las acciones en circulaci贸n se reducir谩n de 47 millones a aproximadamente 1,9 millones, con un nuevo valor nominal de $0,0625 por acci贸n. Las acciones seguir谩n cotizando con el s铆mbolo "WAI" y contar谩n con un nuevo CUSIP, G8923U129. VStock Transfer, LLC actuar谩 como agente de intercambio; los accionistas con t铆tulos en forma contable o en cuentas de corretaje no necesitan realizar ninguna acci贸n.
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鞐硲頃� 頉� 氚滍枆 欤检嫕 靾橂姅 4700毵� 欤检棎靹� 鞎� 190毵� 欤�搿� 臧愳唽頃橂┌, 欤茧嫻 鞎‰┐臧�電� $0.0625搿� 氤�瓴诫惄雼堧嫟. 欤检嫕鞚� 瓿勳啀頃挫劀 鞁臣 "WAI"搿� 瓯半灅霅橂┌, 靸� CUSIP 氩堩樃電� G8923U129鞛呺媹雼�. VStock Transfer, LLC臧� 甑愴櫂 雽�頄夓梾觳措 歆�鞝曤悩氅�, 鞝勳瀽鞓堩儊 順曧儨雮� 欷戧皽瓿勳搿� 氤挫湢頃� 欤检＜霌れ潃 氤勲弰鞚� 臁办箻毳� 旆暊 頃勳殧臧� 鞐嗢姷雼堧嫟.
Top KingWin (Nasdaq: WAI) a annonc茅 une fusion invers茅e 1 pour 25 de ses actions ordinaires de classe A, effective le 8 septembre 2025. Cette op茅ration vise 脿 retrouver la conformit茅 avec l'exigence minimale de cotation Nasdaq de 1,00 $ par action.
Apr猫s la fusion invers茅e, le nombre d'actions en circulation passera de 47 millions 脿 environ 1,9 million, avec une nouvelle valeur nominale de 0,0625 $ par action. L'action continuera d'锚tre n茅goci茅e sous le symbole "WAI" et portera le nouveau CUSIP G8923U129. VStock Transfer, LLC agira en tant qu'agent d'茅change; les actionnaires d茅tenant des titres en inscription comptable ou sur des comptes de courtage n'ont aucune d茅marche 脿 effectuer.
Top KingWin (Nasdaq: WAI) hat einen Reverse-Split im Verh盲ltnis 1 zu 25 seiner Stammaktien der Klasse A angek眉ndigt, der am 8. September 2025 wirksam wird. Die Ma脽nahme soll die Einhaltung der Nasdaq-Mindestnotierung von $1,00 je Aktie wiederherstellen.
Nach dem Split verringert sich die Anzahl der ausstehenden Aktien von 47 Millionen auf etwa 1,9 Millionen, der neue Nennwert betr盲gt $0,0625 je Aktie. Die Aktie wird weiterhin unter dem Symbol "WAI" gehandelt und erh盲lt die neue CUSIP-Nummer G8923U129. VStock Transfer, LLC fungiert als Austauschagent; Aktion盲re mit Buchbest盲nden oder Depotkonten m眉ssen nichts unternehmen.
- Potential to regain Nasdaq compliance through meeting $1.00 minimum bid requirement
- Shareholders approved the reverse split on August 14, 2025
- No action required from most shareholders holding shares in book-entry form
- Significant share consolidation reducing total shares from 47M to 1.9M
- Possible indication of ongoing financial challenges leading to low share price
- Risk of continued price decline even after the reverse split
Insights
Top KingWin's 1-for-25 reverse split aims to meet Nasdaq's $1 minimum bid requirement, reducing share count from 47M to 1.9M.
Top KingWin has announced a 1-for-25 reverse share split effective September 8, 2025, clearly designed to regain compliance with Nasdaq's minimum bid price requirement of
The mechanics of this reverse split are straightforward but consequential. Each 25 shares currently held will be consolidated into a single share, with the par value increasing from
This reverse split represents a mathematical adjustment rather than a fundamental change in the company's value. While the share count decreases by a factor of 25, the price per share should theoretically increase proportionally. The total market capitalization remains unchanged immediately following the split.
Reverse splits are typically implemented when companies face extended periods of low share prices. Top KingWin's explicit statement about regaining Nasdaq compliance suggests the stock has been trading below
Investors should note this action was approved by shareholders on August 14, 2025, indicating the company has been planning this move for some time as part of its strategy to maintain its Nasdaq listing.
Guangzhou, China, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Top KingWin Ltd (鈥淭op KingWin鈥� or the 鈥淐ompany鈥�) (Nasdaq: WAI) today announced that it will effect a reverse share split of its outstanding class A ordinary shares, par value
Our Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market (鈥淣asdaq鈥�) on Monday, September 8, 2025. Following the reverse share split, the Ordinary Shares will have a new par value of
No fractional shares will be issued in connection with the reverse share split and all such fractional interests will be rounded up to the nearest whole number of Ordinary Shares. In addition, the reverse share split will apply to the Ordinary Shares issuable upon the exercise of the Company鈥檚 outstanding derivative securities, with proportionate adjustments to be made to the exercise prices and number of derivates thereof and under the Company鈥檚 equity incentive plans.
The reverse share split will reduce the number of issued and outstanding shares of the Company鈥檚 Ordinary Shares from approximately 47 million to approximately 1.9 million.
On August 14, 2025, the shareholders of the Company approved the reverse share split of the Ordinary Shares, at a ratio of 1-for-25.
VStock Transfer, LLC is acting as the exchange agent and paying agent for the reverse share split. Shareholders holding their shares in book-entry form or in brokerage accounts need not take any action in connection with the reverse share split.
VStock Transfer, LLC will provide instructions to any shareholders with certificates regarding the process in connection with the exchange of pre-reverse share split share certificates for ownership in book-entry form or share certificates on a post-reverse share split basis. Shareholders are encouraged to contact their bank, broker or custodian with any procedural questions.
About Top KingWin Ltd
Top KingWin鈥檚 main clients are entrepreneurs and executives in small and medium-sized enterprises in China. Services provided by Top KingWin to its clients including (i) corporate business training services, which mainly focus on providing training services of advanced knowledge and new perspectives on the capital markets, (ii) corporate consulting services, which mainly focus on providing a combination of customized corporate consulting services to fulfill client's unique financial needs, (iii) advisory and transaction services, which mainly focus on connecting entrepreneurs and businesses with diversified sources of capital, and (iv) sales of devices to support artificial intelligence data collection and analysis. Its mission is to provide comprehensive services to address clients' needs throughout all phases of their development and growth.
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 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渁im,鈥� 鈥渆stimate,鈥� 鈥渋ntend,鈥� 鈥減lan,鈥� 鈥渂elieve,鈥� 鈥減otential,鈥� 鈥渃ontinue,鈥� 鈥渋s/are likely to鈥� 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.
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FAQ
What is the reverse stock split ratio announced by Top KingWin (WAI)?
Why is Top KingWin (WAI) implementing a reverse stock split?
When will WAI stock begin trading on a split-adjusted basis?
What happens to fractional shares in Top KingWin's reverse split?
Do WAI shareholders need to take any action for the reverse split?
