Prestige wealth inc. announces receipt of nasdaq notification regarding minimum bid price deficiency

Hong kong, july 26, 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 july 23, 2024, the company received a letter from the listing qualifications department of the nasdaq stock market llc (“nasdaq”) notifying the company that based on the closing bid price of the class a ordinary shares of the company for the last 33 consecutive business days, the company no longer meets the continued listing requirement of nasdaq under nasdaq listing rules 5550(a)(2), to maintain a minimum bid price of $1 per share.
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