
Prestige Wealth Inc. Faces Nasdaq Delisting Threat Due to Minimum Bid Price Shortfall
Prestige Wealth Inc. Announces Receipt of NASDAQ Notification Regarding Minimum Bid Price Deficiency
April 2, 2025 - Prestige Wealth Inc. (NASDAQ: PWI) today announced that it has received a notification from NASDAQ, the national market system, that the Company's common stock has fallen below the minimum bid price requirement of $1.00 per share for 30 consecutive trading days.
As a result, NASDAQ has triggered a deficiency notification, which requires the Company to regain compliance with the minimum bid price requirement within 180 days. The Company has 180 days from the date of the notification, or until October 29, 2025, to regain compliance.
Prestige Wealth Inc. is actively exploring all available options to regain compliance with the NASDAQ minimum bid price requirement. The Company is committed to maintaining its listing on the NASDAQ and is working diligently to address this issue.
The Company's shares will continue to trade on the NASDAQ under the ticker symbol PWI until the Company regains compliance with the minimum bid price requirement or until the NASDAQ staff initiates delisting procedures.
About Prestige Wealth Inc.
Prestige Wealth Inc. is a publicly traded company that provides wealth management and financial services to individuals, families, and businesses. The Company is headquartered in [City, State] and is listed on the NASDAQ under the ticker symbol PWI.
Contact: [Name] [Title] Prestige Wealth Inc. [Phone Number] [Email Address]