Prestige Wealth Inc. Completes Sale of Prestige Assets International Inc. and Subsidiaries to Focus on Tech-Driven Wealth Management

Reuters07-01

Prestige Wealth Inc. Completes Sale of Prestige Assets International Inc. and Subsidiaries to Focus on Tech-Driven Wealth Management

Prestige Wealth Inc. has completed the sale of its subsidiary, Prestige Assets International Inc. (PAII), along with PAII's three subsidiaries: Prestige Asset Management Limited, Prestige Global Asset Management Limited, and Prestige Global Capital Inc. The transaction, finalized on June 25, 2025, involves a third-party buyer and marks Prestige Wealth Inc.'s strategic shift away from asset management. This move is aimed at allowing the company to concentrate on its technology-driven innovations within the wealth management sector. The details of the transaction were announced by Prestige Wealth Inc.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prestige Wealth Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-059640), on June 30, 2025, and is solely responsible for the information contained therein.

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Completes Sale of Prestige Assets International Inc. and Subsidiaries to Focus on Tech-Driven Wealth Management\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Prestige Wealth Inc. has completed the sale of its subsidiary, Prestige Assets International Inc. (PAII), along with PAII's three subsidiaries: Prestige Asset Management Limited, Prestige Global Asset Management Limited, and Prestige Global Capital Inc. The transaction, finalized on June 25, 2025, involves a third-party buyer and marks Prestige Wealth Inc.'s strategic shift away from asset management. This move is aimed at allowing the company to concentrate on its technology-driven innovations within the wealth management sector. 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The transaction, finalized on June 25, 2025, involves a third-party buyer and marks Prestige Wealth Inc.'s strategic shift away from asset management. This move is aimed at allowing the company to concentrate on its technology-driven innovations within the wealth management sector. The details of the transaction were announced by Prestige Wealth Inc.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prestige Wealth Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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