Top Wealth Group (TWG) said late Wednesday it has closed its public offering of 720,000 units at $7 per unit, each consisting of one class A share, one series A Class A warrant and one series B Class A warrant.
The company said the Class A warrants are immediately exercisable at $7 per share.
Proceeds from the offering, expected to generate about $5 million, would be used for general corporate and working capital purposes.
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