YA II PN, Ltd. Reports 9.99% Beneficial Ownership in Prestige Wealth Inc.

YA II PN, Ltd. and its affiliates have filed a Schedule 13G with the SEC, reporting a 9.99% beneficial ownership in Prestige Wealth Inc.'s Class A Ordinary Shares. The filing indicates that YA II PN, Ltd., along with its affiliates including YA Global Investments II (U.S.), LP, Yorkville Advisors Global, LP, and others, collectively own 34,564,233 shares. The ownership percentage is based on the assumption that all Class B Ordinary Shares are converted into Class A Ordinary Shares on a one-to-one ratio, resulting in a total of 345,988,320 outstanding shares. The filing certifies that the shares were not acquired for the purpose of influencing the control of the issuer.