Toppoint Holdings Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $2.8M
- Price
- $0.1116
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.54%
- Volume
- 5.8M
About
Toppoint Holdings Inc., established in 2014 and based in North Wales, Pennsylvania, delivers extensive truckload transportation services. Through its subsidiary, Toppoint Inc., the company concentrates on the recycling export supply chain throughout the United States. Their operations involve hauling a wide array of materials such as food waste, wastepaper, scrap metal, logs, batteries, and wood products. They expertly manage various container types, including 20', 40', and 45' units, as well as specialized refrigerated and hazardous cargo. Furthermore, Toppoint Holdings Inc. assists with import procedures by arranging for brokers to deliver goods directly to customer sites. Their service portfolio also encompasses trucking for plastics and other commodities, alongside general logistics brokerage solutions. The company caters to a diverse client base, including waste management and recycling firms, recycling centers, and commodity traders.
Quick stats
Shares outstanding24.7M
Computed float7.9M
Float / shares32.0%
Cash runway (months)105.2
Key info
SectorIndustrials
IndustryTrucking
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001960847
Websitehttps://toppointtrucking.com
AI Summary
AI-generated1/7
minorneutralother
Toppoint Holdings Inc. Announces Anticipated Reincorporation from Nevada to Delaware
Toppoint Holdings expects to complete its reincorporation from Nevada to Delaware on or about September 25, 2026, following stockholder approval at the September 8 annual meeting.
Shares convert one-for-one into Delaware shares at the same $0.0001 par value, and the company says the change will not affect operations, management, headquarters, employees, or the TOPP listing on NYSE American.
Authorized common shares will increase from 300 million to 1 billion at the effective time; no shares are being issued now, but the move expands dilution headroom more than threefold.
Red flags
- authorized shares increased from 300,000,000 to 1,000,000,000 (3.3x), creating substantial future dilution headroom even though no shares are issued now
- forward-looking statements reference previously disclosed material weaknesses in internal control over financial reporting