Prestige Wealth, Inc. (PWM) has released an update.
Prestige Wealth Inc. has entered into a securities purchase agreement to issue and sell securities to identified purchasers, with the terms and conditions outlined in the agreement taking effect as of September 9, 2024. The Class A Ordinary Shares and Warrants being sold are subject to adjustments and governed by various defined terms and conditions, including the Securities Act and associated rules. The closing of the transaction is contingent upon the satisfaction or waiver of conditions precedent as specified in the agreement.
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