Prestige Wealth Inc. announces that its subsidiary InnoSphere integrates DeepSeek, accelerating full-scale transformation into AI Fintech
HONG KONG, March 12, 2025 (GLOBE NEWSWIRE) -- Prestige Wealth Inc. (NASDAQ: PWM) ('PWM', or the 'Company'), a wealth management and asset management services provider based in Hong Kong, today announced that, InnoSphere Tech Inc., a wholly owned AI fintech subsidiary of Prestige Wealth Inc., has undergone a major upgrade with the official integration of DeepSeek, a cutting-edge AI technology. By seamlessly incorporating top-tier large language models such as ChatGPT and LLaMA3—alongside real-time market data and a proprietary financial knowledge base—InnoSphere aims to develop the next generation of AI-powered fintech systems. This initiative is designed to provide global clients with smarter, more efficient fintech solutions, driving operational efficiency and business productivity.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as 'approximates,' 'believes,' 'hopes,' 'expects,' 'anticipates,' 'estimates,' 'projects,' 'intends,' 'plans,' 'will,' 'would,' 'should,' 'could,' 'may' or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
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On 1 July 2025, the ordinary general meeting of shareholders (the Meeting) of Public limited liability company 'Novaturas', code 135567698, registered at A. Mickevičiaus str. 27, Kaunas, the Republic of Lithuania (the Company), is being convened upon the initiative and decision of the Board of the Company. The place of the Meeting (address): J. Jasinskio st. 16 C, Vilnius, Lithuania, Conference Centre, hall B. Start of the Meeting: the Meeting starts at 10:00 a.m. (registration of shareholders starts at 9:00 a.m.). The Meeting's accounting day – 24 June 2025. Only persons who are shareholders of the Company at the end of accounting day of the Meeting or persons authorized by them, or persons with whom shareholders concluded the agreements on the transfer of voting rights, shall have the right to attend and vote at the Meeting. The total number of shares of the Company, each with a nominal value of 0.03 euros, is 7,807,000. The number of shares granting voting rights at the Meeting is 7,751,003 (55,997 of its own shares have been acquired by the Company). ISIN code of the Company's shares – LT0000131872. Agenda of the Meeting: Consolidated Annual Report of the year 2024 of the Company; Independent auditor's report on the Company's set of audited annual financial statements and a set of the consolidated financial statements of the year 2024; Approval of the Company's set of audited annual financial statements and a set of the consolidated financial statements of the year 2024; Acceptance of the Company's remuneration report. 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The shareholders can also familiarize themselves with this information by arriving at public limited liability company 'Novaturas' Vilnius filiale, address at J. Jasinskio str. 16C, Vilnius. Proposals for drafts decisions Each shareholder holding shares that grant at least 1/20 of all votes at any time before the Meeting or during the Meeting shall have the right to propose draft resolutions on the issues already included or to be included in the agenda of the Meeting. The proposed draft decisions must be presented to the Company in writing via registered mail or by providing them against signature at the registered office address of the Company indicated in the notice. The draft decisions verified by qualified e-signature are sent to email shareholder@ Supplementation of agenda The shareholders holding shares that grant at least 1/20 of all votes shall have the right to propose to supplement the agenda. 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The Company undertakes to respond if the questions are received not later than 3 business days prior to the Meeting. Responses of a general character shall be posted on the Company's website on the menu item 'For investors'. Participation and voting Shareholder or a person authorised by him/her/it shall have a right to vote in writing in advance by filling in the general voting ballot. Upon shareholder's request, the Company, not later than 10 days before the Meeting, shall send the general ballot paper by registered mail free of charge. The general voting ballot is also provided on the Company's website at on the menu item 'For investors'. 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Each shareholder shall have a right in the manner established by the laws to authorise other (natural or legal) person to attend and vote at the Meeting on his/her/its behalf. The authorized person must provide a power of attorney certified in the manner established by laws. A power of attorney issued in a foreign state must be translated into Lithuanian and legalised in the manner established by laws. Shareholder shall also have the right to authorize through electronic communication channels another person (natural or legal) to participate and vote in the repeated Meeting on shareholder's behalf. Such authorization may not be approved by the notary public. The power of attorney issued through electronic communication channels must be confirmed by the shareholder with a safe electronic signature developed by safe signature equipment and approved by a qualified certificate effective in the Republic of Lithuania. The shareholder must inform the Company on the power of attorney issued through electronic communication channels via e-mail shareholder@ not later than until 16.00 p.m. of the last business day before the Meeting. The power of attorney and notification must be in writing. The power of attorney and notification to the Company must be signed with the electronic signature. The Company does not establish a special form of power of attorney. Attached: Meeting agenda and draft decisions. General voting ballot. AB Novaturas financial statements for 2024. Board's activity report for 2024. Board's activity plan for 2025. Audit and Risk Committee's activity report for 2024. Audit and Risk Committee's activity plan for 2025. Essential terms of the agreement for the activities of the Board member. Contacts: Darius UndzenasCFOJ. Jasinskio str. 16C, Vilnius, LithuaniaTel. +370 678 05749Tel. +370 614 44228 (Head of Legal)E-mail: shareholder@ Attachments 1 2025 GSM Agenda and drafts of decisions_EN 2 2025 Voting ballot Novaturas ENG 3.1 abnovaturas-2024-12-31-en 3.2 Novaturas AB - Opinion 24(IFRS, SA, Conso, ESEF) EN esigned 20250609 4 APPROVED_Board Report_2024 5 APPROVED_Board activity plan_2025 6 Approved_Audit and Risk Committee report_2024 7 APPROVED_Audit and Risk Committee plan_2025 8 Essential conditions with Board Members_LT-ENGError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
