공지 • Feb 03
Powell Max Limited announced that it expects to receive $17 million in funding Powell Max Limited announced that entered into a securities purchase agreement with certain accredited investors, Pursuant to the agreement, the investors agreed to subscribe for and purchase and the Company agreed to issue and sell units for total aggregate gross proceeds of $17,000,000 in a (PIPE) financing on February 2, 2026. Each unit is comprised of one Class C ordinary share, $0.0008 par value per share, and a warrant to purchase Class A ordinary shares, $0.0008 par value per share. The purchase warrants do not have a specific term and have an exercise price of $0.001 per Class A ordinary share, subject to adjustment pursuant to the terms of the purchase warrant. 공지 • Jan 12
Powell Max Limited, Annual General Meeting, Jan 19, 2026 Powell Max Limited, Annual General Meeting, Jan 19, 2026, at 09:00 China Standard Time. Location: 22/f., euro trade centre, 13-14 connaught road central, Hong Kong 공지 • Mar 13
Powell Max Limited Updates on Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency Powell Max Limited on March 11 reported that it has received a notification letter (the Notice) from the Nasdaq Stock Market LLC (Nasdaq) that the Company is not in compliance with the $1.00 minimum bid price requirement for continued listing of the Company's Class A Ordinary Shares (the Ordinary Shares) on the Nasdaq Capital Market, as set in Nasdaq Listing Rules (the Minimum Bid Price Requirement) because the closing bid price for the Ordinary Shares had been below $1.00 for 30 consecutive business days. According to a release, the Notice indicated that the Company has 180 days, or until September 1,(the Compliance Deadline), to regain compliance with the Minimum Bid Price Requirement by maintaining the closing bid price of the Ordinary Shares at or above $1.00 per Ordinary Share for at least ten consecutive business days prior to the Compliance Deadline. The Notice has no immediate effect on the listing of the Company's Ordinary Shares, which will continue to trade on The Nasdaq Capital Market under the symbol "PMAX." The Company intends to monitor the closing bid price of its Ordinary Shares and may, if appropriate, consider implementing available options to regain compliance with the Minimum Bid Price Requirement, including effecting a reverse stock split (i.e., a share consolidation). New Risk • Jan 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.36m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-HK$15m). Market cap is less than US$10m (US$9.36m market cap). Minor Risk Buy Or Sell Opportunity • Jan 17
Now 28% undervalued after recent price drop Over the last 90 days, the stock has fallen 77% to US$0.64. The fair value is estimated to be US$0.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last year. Earnings per share has grown by 21%. New Risk • Jan 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-HK$15m). Minor Risks Market cap is less than US$100m (US$20.2m market cap). Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to US$1.38, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 22x in the Capital Markets industry in the US. Board Change • Dec 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Executive Chairman & CEO Anthony Wong is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$2.31, the stock trades at a trailing P/E ratio of 62.6x. Average trailing P/E is 24x in the Capital Markets industry in the US. 공지 • Oct 23
Powell Max Limited Announces CFO Changes Powell Max Limited announced that effective October 21, 2024, Mr. Chun Ho Lam (“Mr. Lam”) resigned as the Chief Financial Officer of the company. Mr. Lam’s resignation was for personal reasons and not the result of any disagreement with the Company or its board of directors (the “Board”) on any matter relating to the Company’s operations, policies or practices. To fill the vacancy created by the resignation of Mr. Lam, on October 21, 2024, the Nominating and Corporate Governance Committee (the “Nominating Committee”) of the Board recommended, and the Board appointed Ms. Kam Lai Kwok (“Ms. Kwok”) to serve as the Chief Financial Officer of the Company, effective October 21, 2024. Ms. Kwok is an associate of the Hong Kong Institute of Certified Public Accountants (formerly known as the Hong Kong Society of Accountants) since January 1997 and has been a fellow member of The Association of Chartered Certified Accountants from November 1996 to December 2022. She has extensive managerial experience in the financial communications and financial printing industry for over 20 years. She served as an executive director of REF Holdings Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 1631) during the period between March 2014 and April 2022. During the period between January 2011 and July 2021 and between November 2000 and February 2010, she served as the financial controller and human resources and administration director of REF Financial Press Limited and iOne (Regional) Financial Press Limited, respectively, all of which being financial communications services providers. Ms. Kwok served as a regional financial manager, an accountant and as accounting manager of RR Donnelley Roman Financial Limited, Inter-Cassette (Hong Kong) Limited and The Glorious Sun (Holdings) Limited, respectively during the periods between September 1996 and March 2006, September 1994 and June 1996 and April 1991 and April 1994. Ms. Kwok received a Diploma in Accountancy from The Morrison Hill Technical Institute, Hong Kong in 1982. Reported Earnings • Oct 20
First half 2024 earnings released First half 2024 results: EPS: HK$0.062. Net income: HK$781.1k (up HK$781.1k from 1H 2023). Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to US$3.07, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 21x in the Capital Markets industry in the US. 공지 • Sep 06
Powell Max Limited has completed an IPO in the amount of $5.707 million. Powell Max Limited has completed an IPO in the amount of $5.707 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,426,750
Price\Range: $4
Discount Per Security: $0.28 