News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$PWM $1.06 +2.91% Prestige Wealth Inc NASDAQ
$PWM "As per the analysis shared by research analysts, the global wealth management market is projected to expand annually at the annual growth rate of around 11% over the forecast timespan (2023-2030)." https://compasslivemedia.com/pwm/
@Nasdaq
$PWM ~ Prestige Wealth Inc's management service introduces clients to customized wealth management products and provides them with tailored value-added services. For more information, please visit the Company’s website: http://ir.prestigewm.hk @Nasdaq
$PWM $1.02 .0499 +5.14% Nasdaq PWM For more information, please visit the Company’s website: http://ir.prestigewm.hk
Prestige Wealth Inc. (Nasdaq: PWM) is a Hong Kong-based company specializing in private wealth management and asset management services for high-net-worth and ultra-high-net-worth individuals and enterprises. Through its subsidiaries, Prestige Wealth offers a broad spectrum of customized wealth management solutions and value-added services tailored to the unique needs of its clientele.
Prestige Wealth (NASDAQ: PWM) has announced the acquisition of Tokyo Bay Management for US$1.5 million. The deal structure includes 2.5 million newly issued Class B ordinary shares at US$0.60 per share, plus warrants for 1.875 million Class A shares at US$0.72 exercise price. The warrants become exercisable after six months and expire five years later. The agreement includes retention of key employees and non-compete clauses. The acquisition, expected to close in Q4 2024, aims to strengthen PWM's position in the Asian wealth management industry
$PWM More News as Prestige Wealth Inc. Announces Acquisition of Tokyo Bay
https://www.stocktitan.net/news/PWM/prestige-wealth-inc-announces-acquisition-of-tokyo-3pf1fm6uklys.html
$PWM News! Prestige Wealth Inc. Announces Acquisitions of InnoSphere Tech and Closing of Acquisition of Wealth AI
Rhea-AI Summary
Prestige Wealth (NASDAQ: PWM) has announced two significant acquisitions to strengthen its AI and wealth management capabilities. The company will acquire InnoSphere Tech for US$2.1 million, paid through 3.5 million newly issued Class B ordinary shares at US$0.60 per share. The deal includes warrants for 2,625,000 Class A ordinary shares at US$0.72 exercise price. Additionally, PWM has completed the acquisition of SPW Global, which owns Wealth AI PTE in Singapore. The InnoSphere Tech acquisition is expected to close in Q4 2024 and aims to enhance PWM's AI technology services in wealth management.
Good morning $PWM
.99 + 20%
Nice news still low floater .. Prestige Wealth Inc. Announces Acquisitions of InnoSphere Tech and Closing of Acquisition of Wealth AI
PWM also announced that, on November 4, 2024, it completed its acquisition of all shares of SPW Global Inc., a company incorporated under the laws of the British Virgin Islands, which in turn wholly owns Wealth AI PTE LTD. or Wealth AI, a company incorporated under the laws of Republic of Singapore.
About Prestige Wealth Inc.
Prestige Wealth Inc. is a wealth management and asset management services provider based in Hong Kong, assisting its clients in identifying and purchasing well-matched wealth management products and global asset management products. With a focus on quality service, the Company has retained a loyal customer base consisting of high-net-worth and ultra-high-net-worth clients in Asia. Through the Company’s wealth management service, it introduces clients to customized wealth management products and provides them with tailored value-added services. The Company provides asset management services via investment funds that it manages and also provides discretionary account management services and asset management-related advisory services to clients. For more information, please visit the Company’s website: http://ir.prestigewm.hk.
About InnoSphere Tech
InnoSphere Tech is a technology company that leverages its advantages in web scraping technology to collect data on finance, wealth management, and related industries according to international standards. Through the accumulation and processing of large amounts of data, its system can train a specialized large model tailored for the wealth management industry, providing robust foundational support to clients in the financial sector that surpasses traditional general-purpose large models.
About Wealth AI
Wealth AI is a company based in Singapore that offers personalized, cost-effective wealth management solutions using artificial intelligence. Founded by AI experts from top technology companies in 2022, Wealth AI is dedicated to the transformative potential of artificial intelligence in wealth management.
|
Followers
|
6
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
203
|
|
Created
|
07/06/23
|
Type
|
Free
|
| Moderators | |||
AI
