Hong Kong luxury watch wholesaler Top Win's IPO is priced at $4 per share, aiming to raise $11 million.

Luxury watch wholesaler Top Win International, based in Hong Kong, has announced the pricing terms for its initial public offering (IPO). The company plans to issue 2.7 million shares of stock at a price of $4 per share to raise $11 million. The company had previously announced an IPO pricing range of $4-6 per share. Top Win plans to list on the NASDAQ under the stock symbol "TOPW". According to information, Top Win is a wholesaler engaged in international brand luxury watch trade, distribution, and retail. The company directly or indirectly purchases luxury goods from authorized distributors, distributors, and brand owners in Europe, Japan, Singapore, and elsewhere, and sells them to customers, including independent watch dealers, watch distributors, and retail buyers in the watch industry. Top Win currently offers over 30 internationally renowned watch brands, targeting middle to high-income customers.