Dilution profile // every instrument, one screen, from SEC filings

Top Wealth Group Holding Ltd (TWG)

CIK 1978057 · all EDGAR filings →

Overall dilution risk
HIGHworst of 3 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
not every sub-rating was computable; treat as a floor
Offering ability
HIGH$200M registered
= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)
registered capacity, not remaining: amounts already taken down are not subtracted yet
Overhead supply
NOT COMPUTEDno warrant count tagged in XBRL
= warrant shares outstanding divided by current shares outstanding
absence of a tag is not proof of absence of warrants
Historical dilution
HIGH+107% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
Cash need
HIGH~4.6 months of runway
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

2023-12-312024-12-31

Latest: 56.0M shares as of Dec 31, 2024 (20-F).

Cash runway

~5 months of cash left

critical · burning $1.5M / quarter

Full breakdown: cash runway tool

Warrants

No warrant figures tagged in this filer’s XBRL facts. That means the company has not reported them in structured form; it does not prove no warrants exist. The exhibits are the ground truth.

Convertible notes

The latest 10-Q/10-K instance document could not be checked just now, so nothing is shown rather than guessed. Try again shortly.

Registrations and offerings

Registered offering capacity on live registrations: $200.0Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

F-3May 28, 2026$200.0M registeredfiling →

Last 12 months: 1 executed · 8 registered.

EFFECTIVEJun 26, 2026SEC declared a registration effective — selling can beginEFFECT
REGISTEREDJun 24, 2026F-3/A registration — capacity to sell shares, not a sale yetF-3/A
REGISTEREDJun 17, 2026F-3/A registration — capacity to sell shares, not a sale yetF-3/A
REGISTEREDMay 28, 2026F-3 registration — capacity to sell shares, not a sale yetF-3
WITHDRAWNFeb 23, 2026Registration withdrawnRW
REGISTEREDFeb 6, 2026F-3 registration — capacity to sell shares, not a sale yetF-3
EXECUTEDDec 10, 2025Final prospectus — offering priced (typical for IPOs and marketed share deals)424B4
EFFECTIVEDec 8, 2025SEC declared a registration effective — selling can beginEFFECT
REGISTEREDNov 21, 2025F-1/A registration — capacity to sell shares, not a sale yetF-1/A
REGISTEREDOct 10, 2025F-1/A registration — capacity to sell shares, not a sale yetF-1/A
REGISTEREDSep 23, 2025F-1/A registration — capacity to sell shares, not a sale yetF-1/A
REGISTEREDSep 18, 2025F-1 registration — capacity to sell shares, not a sale yetF-1

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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