Top KingWin, which provides financing advisory and related services to SMEs in China, raised $11 million by offering 2.75 million shares at $4, the low end of the range of $4 to $5. The company offered 0.25 million fewer shares than anticipated.
Top KingWin provides advisory and transaction services, corporate consulting services, and corporate business training services, primarily to entrepreneurs and executives in small and medium enterprises (SMEs) in China. Its corporate business training services mainly focus on advanced knowledge and new perspectives on the capital markets, and its corporate consulting services mainly focus on various aspects of fundraising.
Top KingWin plans to list on the Nasdaq under the symbol TCJH. Univest Securities acted as sole bookrunner on the deal.
