Hong Kong, April 03, 2025 — TOP WIN INTERNATIONAL LIMITED (Nasdaq: TOPW), also known as “the Company” or “Top Win,” a Hong Kong-based wholesaler specializing in the trade, distribution, and retail of luxury watches from international brands, announced today the successful completion of its initial public offering (the “Offering”). The offering consisted of 2,664,000 ordinary shares (the “Ordinary Shares”) priced at $4.00 per share (the “Offering Price”).

The Ordinary Shares began trading on the Nasdaq Capital Market on April 2, 2025, under the ticker symbol “TOPW.”

The Company’s gross proceeds from the Offering totaled approximately US$10.6 million before accounting for underwriting discounts and other offering-related expenses. Additionally, the underwriters have been granted an option to purchase up to 399,600 additional Ordinary Shares, representing 15% of the Ordinary Shares sold in the Offering, within a 45-day period at the Offering Price.

The Company plans to allocate the net proceeds from the Offering as follows: (i) brand marketing and promotion; (ii) expansion of the sales team and regional growth, with a focus on Southeast Asia; (iii) diversification of sourcing and inventory; and (iv) working capital and general corporate purposes.

The Offering was executed on a firm commitment basis. Dominari Securities LLC served as the lead underwriter, with Revere Securities LLC acting as the co-underwriter (collectively, the “Underwriters”) for the Offering. Legal counsel for the Company included Ortoli Rosenstadt LLP (U.S. law), Harney Westwood & Riegels (Cayman Islands law), and Stevenson, Wong & Co. (Hong Kong law). Marcum Asia CPAs LLP served as the Company’s independent registered public accounting firm. The Crone Law Group, P.C. acted as the U.S. legal counsel to the Underwriters for the Offering.

A registration statement on Form F-1 pertaining to the Offering was submitted to the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-283448), and subsequently amended. The SEC declared it effective on March 27, 2025. The Offering was conducted through a prospectus, which constitutes a part of the registration statement, and a free writing prospectus. These documents are accessible free of charge on the SEC’s EDGAR website at . Copies of the final prospectus related to the Offering can be obtained from Dominari Securities LLC via email at , by mail to Dominari Securities LLC, 725 Fifth Avenue, 23rd Floor New York, NY 10022, or by phone at (212) 393-4500; or from Revere Securities LLC via email at , by mail to Revere Securities LLC, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by phone at +1 (212) 688-2350.

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein. Furthermore, there shall be no sale of these securities in any state or jurisdiction where such offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of that state or jurisdiction.

About TOP WIN INTERNATIONAL LIMITED

TOP WIN INTERNATIONAL LIMITED, headquartered in Hong Kong, functions as a holding company through its Hong Kong-based subsidiary, Top Win International Trading Limited. This subsidiary operates as a wholesaler involved in the trading, distribution, and retail of luxury watches. Top Win leverages its strategic sourcing and extensive selection of over 30 internationally recognized watch brands to connect global suppliers with buyers in the Asia-Pacific luxury market, capitalizing on Hong Kong’s position as a leading regional hub.

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Forward-Looking Statement

This press release includes forward-looking statements regarding plans, objectives, goals, strategies, future events, performance, underlying assumptions, and other statements that are not statements of historical fact. The use of terms such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not solely relate to historical matters indicates forward-looking statements. These forward-looking statements encompass, without limitation, the Company’s statements concerning the intended use of proceeds from the sale of Ordinary Shares in the Offering. These statements are not guarantees of future performance and are subject to risks and uncertainties. Actual results may significantly differ from the Company’s expectations due to factors including, but not limited to, market conditions, the completion of the initial public offering on the anticipated terms or at all, and other factors detailed in the “Risk Factors” section of the registration statement filed with the SEC. Investors are advised not to place undue reliance on these forward-looking statements. Additional factors are detailed in the Company’s filings with the SEC, available for review at . The Company is not obligated to revise these forward-looking statements to reflect events or circumstances that occur after the date of this release.

For more information, please contact:

Investor Relations
WFS Investor Relations Inc.
Janice Wang
Managing Partner
Email:
Tel: +1 628 283 9214 | +86-1381-176-8559

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