Core Points - Powell Max Limited has received a notification from Nasdaq regarding non-compliance with the $1.00 minimum bid price requirement for its Class A Ordinary Shares [1] - The company has 180 days until September 1, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days [2] - The notification does not have an immediate effect on the trading of the company's shares, which will continue to trade under the symbol "PMAX" [3] - The company may consider options such as a reverse stock split to regain compliance with the minimum bid price requirement [3] Company Overview - Powell Max Limited is a financial communications services provider based in Hong Kong, offering services that support capital market compliance and transaction needs for corporate clients [4] - The company's services include financial printing, corporate reporting, communications, and language support, catering to both domestic and international companies listed in Hong Kong [4]

Company Strategy - Powell Max Limited has commenced activities to pursue acquisitions as part of its strategy to build and grow its business operations in the financial communications industry [1][2] - The company is evaluating several financial communications service companies to enhance its market share in Hong Kong and Asia [1][2] Acquisition Targets - Powell Max intends to acquire companies generating between $1.5 million and $5 million in gross annual revenue [2] - The company plans to retain most management teams of the acquired companies and expand them with professionals specializing in corporate strategy and business development [2] Market Context - Financial communications service companies in Hong Kong provide essential services such as compliance filings, financial printing, and investor communications [3] - The Main Board of the Stock Exchange in Hong Kong has a total market capitalization of approximately $4,521 billion, with 2,632 listed companies, indicating strong local demand for financial communications services [3] Financial Support - Powell Max has secured a standby equity line of credit with a maximum amount of $40 million to support its acquisition pursuits and strategic partnerships [3] Acquisition Process - Powell Max has not entered into any written agreements with the targets currently being evaluated, and any acquisition is subject to due diligence and negotiation of definitive transaction agreements [4]

Core Viewpoint - Powell Max Limited has secured a $40 million standby equity line of credit with Yorkville Advisors, enhancing its financial flexibility and supporting strategic growth initiatives [1][2][3] Group 1: Financing Details - The equity line allows Powell Max to issue and sell up to $40 million of its Class A ordinary shares to Yorkville [1] - In connection with the equity line, Powell Max has issued a $1 million convertible promissory note to Yorkville, due in November 2025 [1] Group 2: Strategic Implications - The $40 million equity line will enable Powell Max to expand its portfolio of liquidity solutions and support strategic partnerships and investments in financial communications and ancillary sectors [2] - CEO Tsz Kin Wong expressed enthusiasm about the partnership with Yorkville, highlighting the importance of this funding source for the company's financial flexibility and strategic development [3]

As filed with the U.S. Securities and Exchange Commission on August 30, 2024. Registration Statement No. 333-279859 AMENDMENT NO. 4 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 __________________________________________ POWELL MAX LIMITED (Exact name of registrant as specified in its charter) __________________________________________ British Virgin Islands 7380 Not Applicable (State or other jurisdiction of incorporation or organization) UNITED STATES SECURITIES AND EXCHANGE COMMISSI ...

As filed with the U.S. Securities and Exchange Commission on July 30, 2024. Registration Statement No. 333-279859 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 __________________________________________ POWELL MAX LIMITED (Exact name of registrant as specified in its charter) __________________________________________ British Virgin Islands 7380 Not Applicable (State or other jurisdiction of incorpo ...

As filed with the U.S. Securities and Exchange Commission on July 19, 2024. Registration Statement No. 333-279859 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) __________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 __________________________________________ POWELL MAX LIMITED (Exact name of regi ...

As filed with the U.S. Securities and Exchange Commission on June 18, 2024. Registration Statement No. 333-279859 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO.1 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 __________________________________________ POWELL MAX LIMITED (Exact name of registrant as specified in its charter) __________________________________________ British Virgin Islands 7380 Not Applicable (State or other jurisdiction of incorpor ...

As filed with the U.S. Securities and Exchange Commission on May 31, 2024. Registration Statement No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 __________________________________________ POWELL MAX LIMITED (Exact name of registrant as specified in its charter) __________________________________________ | British Virgin Islands | 7380 | Not Applicable | | --- | --- | ...