What is TOP's dilution risk score?

TOP has a latest available DilutionScore record of 37/100, categorized as medium dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for TOP, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for TOP?

DilutionWatch tracks 25 SEC filing types for TOP including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect TOP shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For TOP, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for TOP tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for TOP. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

TOP Dilution Risk Score: 37/100 (MEDIUM)

Score Breakdown

📋 Offering Ability

💰Cash Runway—

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

🌥️

Advisory

Moderate dilution signals present

model est. 27%

🔄 Reverse Split model est. 55%

• 50-day avg $0.83 below $1 exchange minimum

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Market Data

Market Cap$560.85M

Shares Outstanding37.04M

Float7.00M

Cash$10.41M

Debt$222.8K

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	37/100	DilutionWatch score record
Shares Outstanding	37.04M	Verified float table or market cache
Public Float	7.00M	Verified float table or market cache
Market Cap	$560.85M	Market data cache
Cash Runway	Not applicable / unavailable	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	None in current score inputs	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 1.

Recent SEC source mix: XBRL 1.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↓ 14.2% shares (2026Q1 vs prior)

6 institutional holders · 163.1K shares

#1 RENAISSANCE TECHNOLOGIES LLC 48.7K shares

#2 Virtu Financial LLC 38.5K shares

#3 UBS Group AG 29.6K shares

+ 3 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest145.8K

Days to Cover1.7

% of Float2.1%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2025-08-13

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual TOP Dilution Snapshot

TOP Financial Group Limited (TOP) has a DilutionScore of 37/100, rated Medium dilution risk. Score date: October 13, 2026.

Recent SEC activity tracked for TOP: xbrl on 2025-08-13.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

TOP's DilutionScore is currently 37/100 (Medium risk), with 2 score changes tracked over 89 days. The score improved from 34/100 (Medium risk).

Period	Score	Risk Level	Duration
Oct 11 – Oct 13, 2026	37/100	MEDIUM	3 days
Jul 17 – Oct 10, 2026	34/100	MEDIUM	85 days
Jul 16, 2026	46/100	MEDIUM	1 day

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Track TOP Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment TOP files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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