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HTFL’s Client Prestige Wealth Inc. Successfully Closed its Initial Public Offering

July 10, 2023

Ying Li

Guillaume de Sampigny

On July 10, 2023, Prestige Wealth Inc. (the “Company”), a wealth management and asset management services provider based in Hong Kong, successfully closed its initial public offering (the “IPO”) of 1,000,000 ordinary shares at a price to the public of US$5.00 per share. The Company received aggregate gross proceeds of US$5,000,000 from the IPO, before deducting underwriting discounts and other related expenses.

The Company’s ordinary shares commenced trading on the Nasdaq Capital Market on July 6, 2023 under the ticker symbol “PWM.”

Hunter Taubman Fischer & Li LLC (“HTFL”) acted as counsel to the Company. HTFL is a boutique law firm specializing in corporate, commercial, and securities transactions, cross-border financing, immigration and taxation. Our team of lawyers works together so our clients can benefit from astute business experience and sophisticated legal solutions.