PWM Company Report

Analyst Coverage

Research analysts covering PWM.

Recent press releases and 8-K filings for PWM.

Prestige Wealth Inc. to Propose Name Change, Capital Increase, and Share Consolidation at EGM; Announces Board Changes

PWM

Board Change

Proxy Vote Outcomes

New Projects/Investments

Prestige Wealth Inc. will hold an Extraordinary General Meeting (EGM) on November 20, 2025, to vote on proposals including changing the company name to Aurelion Inc., increasing authorized share capital from US$1,000,000 to US$6,875,000, increasing Class B Ordinary Share voting power from 20 votes to 50 votes per share, and a share consolidation (reverse stock split) of 100-for-1 (or a lesser amount not less than two).
The Board of Directors unanimously recommends a vote "FOR" all proposals.
On October 29, 2025, Wei Gao resigned from the board of directors, and Jackie Qiang You was appointed as an independent director.
The Compensation Committee was also reconstituted on October 29, 2025, with Moore Jin Xin and Jackie Qiang You appointed as members, and Moore Jin Xin as chairman.

Oct 30, 2025, 12:00 PM

Prestige Wealth Inc. (AURE) Completes $134 Million Tether Gold Purchase and Secures $150 Million Financing

PWM

New Projects/Investments

Debt Issuance

Management Change

Prestige Wealth Inc. (NASDAQ: AURE) completed a $134 million purchase of Tether Gold (XAU®) at an average price of $4,021.81 per XAU® on October 14, 2025, establishing itself as NASDAQ's first Tether Gold Treasury.
The company secured approximately $150 million in financing on October 10, 2025, which includes a $100 million PIPE and a $50 million, three-year senior debt facility.
Antalpha Platform Holding Company (NASDAQ: ANTA) invested $43 million in the PIPE and acquired a controlling voting interest in Aurelion.
Prestige Wealth Inc. began trading under the new ticker (NASDAQ: AURE) on October 13, 2025, and plans to be renamed "Aurelion Inc." subject to customary approvals.
Björn Schmidtke has been appointed CEO, and Zimuyin Jiang transitioned from Chief Financial Officer to Chief Accounting Officer.

Oct 15, 2025, 12:11 AM

Get instant answers from SEC filings, earnings calls & more