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TOP Financial Group Ltd

corporate_fare Company Profile

TOP Financial Group Ltd

TOP·NASDAQ·Crypto Assets·CIK 0001848275

TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong. The company is involved in the trading of equities, futures, and options products; and the provision of brokerage and value-added services, including trade order placement and execution, account management, and customer support services. It also provides a range of futures products, such as index, forex, agricultural product, energy, and precious metal futures; and operates as an escrow agent in transactions relating to securities sales and transfers. In addition, the company offers stock and options brokerage, structured note subscriber, consulting, currency exchange, margin financing, OTC derivative trading, and loan services. The company was formerly known as Zhong Yang Financial Group Limited and changed its name to TOP Financial Group Limited in July 2022. The company was founded in 2015 and is headquartered in Singapore. TOP Financial Group Limited is a subsidiary of Zhong Yang Holdings (BVI) Limited.

TOP Financial Group Ltd (NASDAQ:TOP) is a publicly traded company in the Crypto Assets sector. Wiseek monitors TOP SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • TOP Financial Group Completes Cashless Warrant Exercise, Issuing 360.5M Shares and Cancelling All Warrants
  • A massive cashless warrant exercise forces TOP Financial to issue 360.5 million shares, deepening dilution
  • $80M Private Placement Closes, Diluting TOP Financial Shares by 8x
  • Annual Report Details Reduced Loss, $164M Capital Infusion, and Internal Control Weakness
  • TOP Financial Group Announces $2.94M Direct Offering at Deep Discount

Financial Snapshot

Fiscal year ended March 31, 2026
Revenue
4.72M
Net Income
-1.17M
Diluted EPS
-0.03
Op. Cash Flow
14.02M
Free Cash Flow
13.12M
Operating Income
-1.18M
Cash & Equivalents
12.99M
Debt / Equity
0.00×
Net Margin
-24.8%
Shares Outstanding
37.07M sh
Source: 10-K · filed 2026-07-07 · accession 0001213900-26-075954

Dilution Risk

Low risk

Filing-implied dilution signals for TOP, detected from its recent SEC filings · based on capital-structure filings through 2026-07-23.

1 recent capital raise

Registered Direct Offering · Significant Discounted Pricing

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Insider Transactions

TOP files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$2.23
52-week range · as of 2026-07-23 $0.6117 – $3.33
Market cap
$1.38B
Volume
207.9K (0.5× avg)
3-mo avg 439.9K
Live data · 2026-07-28 18:46 UTC · Market open

show_chartPrice Chart

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feed TOP - Latest Insights

TOP
Jul 23, 2026, 7:00 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $2.30
Real-time Price: $2.24 info
Change: -$0.0603 (-3%) info
Market Cap: $1.382B info
TOP
Jul 20, 2026, 5:15 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $2.28
Real-time Price: $2.24 info
Change: -$0.045 (-2%) info
Market Cap: $1.382B info
TOP
Jul 10, 2026, 5:00 PM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $2.03
Real-time Price: $2.24 info
Change: +$0.2076 (+10%) info
Market Cap: $1.382B info
TOP
Jul 07, 2026, 4:15 PM EDT
Filing Type: 10-K
Importance Score:
8
Price at Filing: $2.05
Real-time Price: $2.24 info
Change: +$0.1836 (+9%) info
Market Cap: $1.382B info
TOP
Jun 23, 2026, 4:15 PM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $1.50
Real-time Price: $2.24 info
Change: +$0.735 (+49%) info
Market Cap: $1.382B info
TOP
Jun 22, 2026, 9:00 AM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $1.39
Real-time Price: $2.24 info
Change: +$0.845 (+61%) info
Market Cap: $1.382B info
TOP
May 29, 2026, 6:30 AM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.950
Real-time Price: $2.24 info
Change: +$1.29 (+135%) info
Market Cap: $1.382B info
TOP
May 12, 2026, 7:00 AM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.745
Real-time Price: $2.24 info
Change: +$1.49 (+200%) info
Market Cap: $1.382B info
TOP
May 11, 2026, 4:15 PM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.7598
Real-time Price: $2.24 info
Change: +$1.48 (+194%) info
Market Cap: $1.382B info
TOP
May 04, 2026, 4:35 PM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.800
Real-time Price: $2.24 info
Change: +$1.43 (+179%) info
Market Cap: $1.382B info
TOP
Mar 26, 2026, 6:30 AM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.797
Real-time Price: $2.24 info
Change: +$1.44 (+180%) info
Market Cap: $1.382B info
TOP
Jan 20, 2026, 4:30 PM EST
Filing Type: 6-K
Importance Score:
8
Price at Filing: $1.02
Real-time Price: $2.24 info
Change: +$1.21 (+119%) info
Market Cap: $1.382B info