Core Viewpoint - Powell Max Limited has successfully regained compliance with Nasdaq's audit committee requirements, ensuring its continued listing on the Nasdaq Capital Market under the trading symbol "PMAX" [1][3]. Group 1: Compliance and Governance - On February 5, 2026, Nasdaq notified Powell Max that it was not in compliance with the audit committee requirements as per Listing Rule 5605(c)(2) [2]. - The Company appointed four new members to its Board of Directors and Audit Committee, which led to Nasdaq's determination that Powell Max now complies with the Rule [2][3]. - Nasdaq confirmed the closure of the compliance matter in a letter dated February 12, 2026 [3]. Group 2: Company Overview - Powell Max Limited is a financial communications services provider based in Hong Kong, offering a range of services that support capital market compliance and transaction needs for corporate clients [3]. - The Company's services include financial printing, corporate reporting, communications, and language support, covering all stages from inception to completion [3]. - Powell Max serves both domestic and international companies listed in Hong Kong, as well as those seeking to list, along with their advisors [3].
Powell Max Limited Regains Compliance with NASDAQ Listing Requirements