The latest announcement is out from Prestige Wealth, Inc. ( (PWM) ).
Prestige Wealth Inc. announced on April 2, 2025, that it received a notification from Nasdaq indicating that the company’s Class A ordinary shares have not met the minimum bid price requirement of $1 per share for 30 consecutive business days. This notification does not immediately affect the company’s listing, and Prestige Wealth has been given until September 29, 2025, to regain compliance. The company is exploring options to address this issue, including a potential reverse stock split, to ensure continued listing on Nasdaq.
More about Prestige Wealth, Inc.
Prestige Wealth Inc. is a Hong Kong-based company specializing in wealth management and asset management services. It caters primarily to high-net-worth and ultra-high-net-worth clients in Asia, offering tailored wealth management products and asset management-related advisory services.
YTD Price Performance: -68.33%
Average Trading Volume: 543,495
Technical Sentiment Signal: Strong Buy
Current Market Cap: $13.49M
See more insights into PWM stock on TipRanks’ Stock Analysis page.