Prestige Wealth (PWM) Regains Nasdaq Compliance

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Prestige Wealth Inc. regains compliance with Nasdaq minimum bid price requirement

December 19, 2024 4:30 PM EST

HONG KONG, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Prestige Wealth Inc. (NASDAQ: PWM) (PWM, or the Company), a wealth management and asset management services provider based in Hong Kong, today announced that, on December 18, 2024, it received notice from The Nasdaq Stock Market LLC (Nasdaq) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the Rule) for continued listing on the Nasdaq Capital Market.

On July 23, 2024, PWM a notice from Nasdaq notified the Company that the minimum bid price per share of its... More