Company: TOP
Filing Date: 2025-04-30
Form Type: POS AM
Source: 0001213900-25-037641
Chunk: 2

Company: TOP Financial Group Ltd
Filing Date: 2025-04-30
Form: POS AM
Chunk 2
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 may offer, from time to time, in one or more
offerings, Class A ordinary shares, share purchase contracts, share purchase units, warrants, debt securities, rights or units, which
we collectively refer to as the “securities”. The aggregate initial offering price of the securities that we may offer and
sell under this prospectus will not exceed $300,000,000.

We may offer and sell any combination of the securities described in this prospectus in different series, at times, in amounts, at prices and on terms to be determined at, or prior to, the time of each offering. This prospectus describes the general terms of these securities and the general manner in which these securities will be offered. We will provide the specific terms of these securities in supplements to this prospectus. The prospectus supplements will also describe the specific manner in which these securities will be offered and may also supplement, update or amend information contained in this prospectus. This prospectus may not be used to consummate a sale of securities unless accompanied by the applicable prospectus supplement. You should read this prospectus and any applicable prospectus supplement before you invest.

We may offer and sell the securities from time to time at fixed prices, at market prices, or at negotiated prices, to or through underwriters, to other purchasers, through agents, or through a combination of these methods. If any underwriters are involved in the sale of any securities with respect to which this prospectus is being delivered, the names of such underwriters and any applicable commissions or discounts will be set forth in a prospectus supplement. The offering price of such securities and the net proceeds we expect to receive from such sale will also be set forth in a prospectus supplement. See “Plan of Distribution” elsewhere in this prospectus for a more complete description of the ways in which the securities may be sold.

Our Class A ordinary shares are traded on
the Nasdaq Capital Market under the symbol “TOP”. On April 17, 2025, the closing price of our Class A ordinary shares as
reported by the Nasdaq Capital Market was $1.19. During the year immediately prior to the date of this prospectus, the high and low closing
prices were US$3.22 and US$1.05 per Class A ordinary share, respectively. We have recently experienced price volatility in our share
price. See related risk factors in the “Risk Factors” section of this prospectus and as set forth in our most recent annual
report on Form