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]
Powell Max Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency