Prestige Wealth, Inc. (PWM) has released an update.
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Prestige Wealth Inc., a Hong Kong-based wealth management service provider, is facing a potential delisting from Nasdaq after failing to meet the minimum bid price requirement. The company has been granted a 180-day period to regain compliance and is exploring options to address the issue, with the possibility of a reverse stock split if necessary. There is no guarantee that Prestige Wealth Inc. will achieve compliance and avoid delisting.
For further insights into PWM stock, check out TipRanks’ Stock Analysis page.