Top Win International Ltd. (TOPW) Plans to Raise $14 Million in March 3rd IPO

Top Win International Ltd. (TOPW) expects to raise $14 million in an initial public offering (IPO) on the week of March 3rd, IPO Scoop reports. The company will be issuing 2,700,000 shares at $4.00-$6.00 per share.

In the last year, Top Win International Ltd. generated $15.2 million in revenue and had a net loss of $290,000. Top Win International Ltd. has a market-cap of $124.3 million.

Dominari Securities and Revere Securities served as the underwriters for the IPO.

Top Win International Ltd. provided the following description of their company for its IPO: “Through our Operating Subsidiary in Hong Kong, Top Win International Trading Limited, we are a wholesaler engaged in trading, distribution, and retail of luxury watches of international brands. As the purveyor of fine watches, we source luxury products directly or indirectly from authorized dealers, distributors, and brand owners, located in Europe, Japan, Singapore, and other locations, and sell them to our customers, comprising independent watch dealers, watch distributors, and retail buyers within the watch industry. Our strategic location in Hong Kong positions us advantageously within the Asia-Pacific luxury market. This region has seen significant growth in demand for luxury goods, driven by rising disposable incomes and a growing appreciation for high-quality, branded products. We currently offer a selection of over 30 internationally renowned watch brands, including Blancpain, Breguet, Cartier, Chopard, Hermes, IWC, Jaeger, Rolex, Omega, and Longines. We primarily trade watches within the price range of $1,900 to $7,500 with our target customers being middle to high-income earners. (Note: Top Win International Ltd. is offering 2.66 million shares at a price range of $4.00 to $6.00 to raise $13.3 million, according to its SEC filings.) “.

Top Win International Ltd. was founded in 2001 and has 7 employees. The company is located at 33/F Sunshine Plaza 353 Lockhart Road, Wan Chai, Hong Kong Tel: +852 2815 7988 and can be reached via phone at +852 2815 7988.