Top KingWin Limited Faces Nasdaq Delisting Determination Due to Stock Price Non-Compliance

SHENZHEN, China, Aug. 22, 2025 (GLOBE NEWSWIRE) — Top KingWin Limited (“Top KingWin” or the “Company”) (Nasdaq:


WAI


), announced today that the Company received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) on August 18, 2025, notifying the Company that the Nasdaq staff has determined to delist the Company’s class A ordinary shares from The Nasdaq Capital Market (the “Delisting Determination”), because the bid price of the Company’s listed securities has closed at less than $1 per share over the previous 30 consecutive business days, and therefore no longer complies with the Nasdaq Listing Rule 5550(a)(2) (the “Rule”). Normally, a company would be afforded a 180-calendar day period to…

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