{"url_path":"/sec/twg/10-k/2026/item-16g","section_key":"item-16g","section_title":"Item 16G Corporate Governance**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1978057/0001213900-26-057962-index.html","accession_number":"0001213900-26-057962","cik":"0001978057","ticker":"TWG","issuer_name":"Top Wealth Group Holding Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1978057/0001213900-26-057962-index.html","primary_entity_key":"0001978057","primary_entity_name":"Top Wealth Group Holding Ltd"},"word_count":281,"has_tables":true,"body_markdown":"**Item\n16G. Corporate Governance**\n\n \n\nAs a company listed on the Nasdaq Capital Market,\nwe are subject to the Nasdaq corporate governance listing standards. However, Nasdaq rules permit a foreign private issuer like\nus to follow the corporate governance practices of its home country. Certain corporate governance practices in the Cayman Islands, which\nis our home country, may differ significantly from the Nasdaq corporate governance listing standards.\n\n \n\nWe currently follow and intend to continue to\nfollow Cayman Islands corporate governance practices in lieu of the corporate governance requirements of the Nasdaq that listed companies\nmust obtain its shareholders’ approval of certain transactions other than public offerings involving the sale, issuance or potential\nissuance by the Company of ordinary shares (or securities convertible into or exercisable for ordinary shares) equal to 20% or more of\nthe outstanding share capital of the Company or 20% or more of the voting power outstanding before the issuance for less than the greater\nof book or market value of the ordinary shares (Nasdaq rule 5635(d)), and Nasdaq rule 5640, which requires that the voting rights of\na listed company cannot be disparately reduced or restricted through any corporation action or issuance. To the extent we choose to follow\nhome country practice in the future, our shareholders may be afforded less protection than they otherwise would under the Nasdaq corporate\ngovernance listing standards applicable to U.S. domestic issuers. See “Item 3. Key Information — 3.D. Risk Factors —Risks\nRelated to Our Ordinary Shares— *Because we are a foreign private issuer and are exempt from certain Nasdaq corporate governance\nstandards applicable to U.S. issuers, you will have less protection than you would have if we were a domestic issuer.*”"}