IPO - Top KingWin Ltd

Form Type: 424B5

Filing Date: 2025-06-25

Corporate Action: Ipo

Type: New

Accession Number: 000121390025057416

Filing Summary: Top KingWin Ltd is offering 3,500,000 Class A Ordinary Shares priced at $0.4343 each to non-U.S. investors, under a prospectus supplement filed with the SEC. The last reported sale price for these shares on June 23, 2025 was $1.86. Following a recent reverse stock split on May 1, 2025, where shareholders received one new share for every twenty-five shares they held, the company expects to use the proceeds for working capital and other general corporate purposes. The offering is part of a larger shelf registration declared effective on February 13, 2025, allowing the issuance of up to $200 million in various securities. The expected delivery date for the new shares is June 25, 2025, subject to customary closing conditions. This offering underscores the access of Top KingWin Ltd to international market opportunities and aims to leverage the growing entrepreneurial landscape in China, particularly focusing on AI and investment services for small and medium enterprises.