Stock events for Toppoint Holdings, Inc. (TOPP)
Toppoint Holdings Inc. went public on January 22, 2025, at $4.00 per share, but the stock price has since declined significantly. Recent financial reports have impacted the stock, with Q1 2025 showing revenue growth but a net loss, Q2 2025 seeing a revenue decline, and Q3 2025 showing revenue increase but a net loss due to stock-based compensation. In December 2025, a lock-up restriction was waived for 7,500,000 shares, and in January 2026, executive and board changes were announced, including a share sale agreement and the appointment of an interim CFO.
Demand Seasonality affecting Toppoint Holdings, Inc.’s stock price
The demand for Toppoint Holdings, Inc.'s services is influenced by the seasonality of the commodities it transports. Scrap metal demand is typically higher in spring and summer, while waste paper export volumes can be impacted by broader slowdowns in global recycled material demand and port disruptions. The company's business experiences corresponding seasonal fluctuations in demand for its trucking and logistics services.
Overview of Toppoint Holdings, Inc.’s business
Toppoint Holdings, Inc. specializes in truckload services and logistics solutions for the recycling export supply chain, transporting commodities like food waste, wastepaper, and scrap metal. The company manages various container sizes, including refrigerated and Hazmat cargo, and coordinates import brokers. Additionally, it offers trucking services for plastics and logistics brokerage solutions, serving waste and recycling companies, recycling centers, and commodity traders. Toppoint Holdings Inc. was founded in 2014 and is headquartered in North Wales, Pennsylvania.
TOPP’s Geographic footprint
Toppoint Holdings, Inc. operates primarily in the United States, with its headquarters in North Wales, Pennsylvania. It is a key player in the waste paper region of New Jersey and Pennsylvania and its services extend to major ports in California, Georgia, South Carolina, Texas, and Illinois, as well as commercial rail lines. In 2023, Toppoint expanded its recycling export transport market into Tampa, Jacksonville, Miami, and Baltimore. The company also ventured into Ensenada, Mexico, in 2024 and intends to explore international markets in Canada, the United Kingdom, and Australia in the near future.
TOPP Corporate Image Assessment
Based on the available search results, there is no specific information detailing Toppoint Holdings, Inc.'s brand reputation or any events that have explicitly affected it in the past year. The news primarily focuses on financial performance, operational expansions, and stock-related events.
Ownership
As of Q4 2025, Toppoint Holdings Inc. has 10 institutional owners and shareholders holding a total of 33,632 shares, including Geode Capital Management, Llc and Fidelity Extended Market Index Fund (FSMAX). The largest individual shareholder is Hok C. Chan, the CEO, President, and Chairman of the Board, who owns 7,500,000 shares, representing 38.66% of the company. Institutional shareholders own 0.10% of the company, while retail investors own 61.24%.
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