TWG Declares Completion of a $5.04 million Public Offering

Hong Kong, December 10, 2025 — Top Wealth Group Holding Limited (NASDAQ: TWG) (“Top Wealth” or the “Company”), a leading provider of high – end sturgeon caviar and fine winery products, today announced the completion of a best – efforts public offering of 720,000 units (each a “Unit”). Each Unit consists of one Class A ordinary share of the Company, with a par value of $0.009 per share (the “Class A Ordinary Shares”), one Series A Class A Warrant (the “Series A Class A Warrant”) and one Series B Class A Warrant (the “Series B Class A Warrant”, and together with the Series A Class A Warrants, the “Class A Warrants”), at a public offering price of $7.00 per Unit. The Class A Warrants, with an exercise price of $7.00 per Class A Ordinary Share, can be exercised immediately after issuance. The Series A Class A Warrants will expire on the fifth anniversary of the original issuance date. The Series B Class A Warrants will expire on the eighteenth – month anniversary of the original issuance date. The offering was concluded on December 10, 2025.

Univest Securities, LLC served as the exclusive placement agent for the offering.

The total gross proceeds the Company received from this offering were approximately $5.04 million, before deducting the placement agent’s fees and other offering – related expenses payable by the Company, and excluding the exercise of any offered warrants. If the Class A Warrants are fully exercised on a cash basis, the potential additional gross proceeds for the Company will be approximately $10.08 million. There is no guarantee that any of the Class A Warrants will be exercised. The Company plans to use the net proceeds from this offering for general corporate and working capital purposes.

The securities mentioned above were offered in accordance with a registration statement on Form F – 1 (File No. 333 – 290351), as amended. It was originally filed with the Securities and Exchange Commission (the “SEC”) on September 18, 2025, and declared effective by the SEC on December 8, 2025. The offering was made only through a written preliminary prospectus and a final prospectus, which are part of the effective registration statement related to the offering. Electronic copies of the final prospectus, when available, can be obtained on the SEC’s website at and can also be obtained by contacting Univest Securities, LLC at 75 Rockefeller Plaza, Suite 18C, New York, NY 10019.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described here. Also, there will be no sale of these securities in any state or other jurisdiction where such an offer, solicitation, or sale would be illegal before registration or qualification under the securities laws of that state or other jurisdiction.

About Top Wealth Group Holding Limited

Top Wealth Group Holding Limited is a holding company incorporated in the Cayman Islands, and all of its operations are carried out by its operating subsidiary in Hong Kong, Top Wealth Group (International) Limited. The Company specializes in supplying high – end sturgeon caviar, and its caviar and caviar products are endorsed with the Convention on International Trade in Endangered Species of Wild Fauna and Flora (“CITES”) permits. The Company supplies caviar to its customers under the customers’ brand labels (i.e., private labeling), and it also sells the caviar product under the Company’s caviar brand, “Imperial Cristal Caviar”, which has continuously achieved significant sales growth since its market launch.

Safe Harbor Statement

This press release contains forward – looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward – looking statements can be identified by terms such as “will”, “expects”, “anticipates”, “future”, “intends”, “plans”, “believes”, “estimates”, “confident” and similar expressions. The Company may also make written or oral forward – looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials, and in verbal statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs and expectations, are forward – looking statements. Forward – looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those in any forward – looking statement. Further information about these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and the Company has no obligation to update such information, except as required by applicable law.

For more information, please contact:

Top Wealth Group Holding Limited
Investor Relations
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