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    SEC Form SC 13G filed by Prestige Wealth Inc.

    9/4/24 8:52:35 PM ET
    $PWM
    Finance: Consumer Services
    Finance
    Get the next $PWM alert in real time by email
    SC 13G 1 ea0213466-13ggao_prestige.htm SCHEDULE 13G

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 13G

    (Rule 13d-102)

     

    INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

    TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

    PURSUANT TO §240.13d-2

     

    PRESTIGE WEALTH INC.

    (Name of Issuer)

     

    Class A Ordinary Share, $0.000625 par value per share

    (Title of Class of Securities)

     

    G7244A119

    (CUSIP Number)

     

    September 02, 2024

    (Date of Event which Requires Filing of this Statement)

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

    ☐ Rule 13d-1 (b)
       
    ☐ Rule 13d-1 (c)
       
    ☒ Rule 13d-1 (d)

     

    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

     

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     

     

     

     

    CUSIP No. G7244A119 13G Page 2 of 5 Pages

     

    1

    NAME OF REPORTING PERSON

     

    GAO WEI

    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

    (a) ☐

    (b) ☐

    3

    SEC USE ONLY

     

    4

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    China

    NUMBER OF

    SHARES

    BENEFICIALLY

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

    5

    SOLE VOTING POWER

     

    900,000 Class A Ordinary Shares, and 500,000 Class B Ordinary Shares

    6

    SHARED VOTING POWER

     

    0

    7

    SOLE DISPOSITIVE POWER

     

    900,000 Class A Ordinary Shares, and 500,000 Class B Ordinary Shares

    8

    SHARED DISPOSITIVE POWER

     

    0

    9

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    1,400,000

    10

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

     

    ☐

    11

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

    9.68%

    12

    TYPE OF REPORTING PERSON*

     

    IN

     

     

     

     

    CUSIP No. G7244A119 13G Page 3 of 5 Pages

     

    Item 1.

     

      (a)

    Name of Issuer:

    Prestige Wealth Inc.

         
      (b)

    Address of Issuer’s Principal Executive Offices:

    Suite 3201, Champion Tower 3 Garden Road, Central, Hong Kong

     

    Item 2.

     

      (a)

    Name of Person Filing:

    GAO WEI

     

      (b)

    Address of Principal Business Office or if none, Residence:

    Liya Building 18D, Zhonghai Liyuan, Nanshan Avenue, Nanshan District, Shenzhen City, Guangdong Province, China

     

      (c)

    Citizenship:

    GAO WEI - China

     

      (d)

    Title of Class of Securities:

    Class A Ordinary Share, $0.000625 par value per share

     

      (e)

    CUSIP Number:

    G7244A119

     

    Item 3. Not Applicable

     

    Item 4. Ownership.

     

      (a)

    Amount Beneficially Owned:

    GAO WEI - 1,400,000 shares, consisting of 900,000 Class A Ordinary Shares, and 500,000 Class B Ordinary Shares. Each Class B Ordinary Share is convertible into one Class A Ordinary Share.

     

      (b)

    Percent of Class:

    GAO WEI - 9.68%.

     

    The foregoing percentages are based on a total of 14,466,667 Class A and Class B Ordinary Shares outstanding as of September 02, 2024.

     

     

     

     

    CUSIP No. G7244A119 13G Page 4 of 5 Pages

     

    Item 5.

    Ownership of Five Percent or Less of a Class:

     

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following: Not Applicable.

     

    Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not Applicable

     

    Item 7. Identification and Classification of Subsidiary Which Acquired the Securities: Not Applicable

     

    Item 8. Identification and Classification of Members of the Group: Not Applicable

     

    Item 9. Notice of Dissolution of Group: Not Applicable

     

    Item 10.

    Certifications:

     

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

     

     

     

     

    CUSIP No. G7244A119 13G Page 5 of 5 Pages

     

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    September 04, 2024

     

      By /s/ GAO WEI
      Name:  GAO WEI

     

    The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, Provided, however, That a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

     

     

     

     

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