HONG KONG, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Powell Max Limited (Nasdaq: PMAX) (the “Company” or “Powell Max”), a financial communications services provider headquartered in Hong Kong, announced that on February 5, 2026 it received a notification from The Nasdaq Stock Market LLC (“Nasdaq”) stating that, due to the resignation of Ms. Lee Chern Koay from the Company’s board of directors and audit committee effective December 31, 2025, the Company no longer meets certain Nasdaq corporate governance requirement ...

Core Viewpoint - Powell Max Limited reported a significant increase in net loss for the six months ended June 30, 2025, primarily due to rising general and administrative expenses and selling and distribution expenses, despite a modest revenue growth of 5.3% compared to the same period in 2024 [5][9]. Financial Performance - Revenue increased by 5.3% from HK$22.7 million for the six months ended June 30, 2024, to HK$23.9 million (US$3.1 million) for the same period in 2025, driven by HK$1.5 million (US$0.2 million) revenue from Miracle Media following its acquisition [2]. - General and administrative expenses surged by 4.9 times from HK$6.0 million in 2024 to HK$29.4 million (US$3.8 million) in 2025, attributed to increased staffing and expenses related to the acquisition of Miracle Media, issuance expenses, and higher professional fees [3]. - Selling and distribution expenses rose by 10.0% from HK$3.0 million in 2024 to HK$3.3 million (US$0.4 million) in 2025, mainly due to an expanded sales team and increased business development and marketing costs [4]. - The net loss for the period ended June 30, 2025, was HK$20.4 million (US$2.6 million), a stark contrast to the net profit of HK$0.8 million in the same period of 2024 [5][9]. - Basic and diluted loss per share was HK$1.07 (US$0.14) for the six months ended June 30, 2025, compared to a basic and diluted earnings per share of HK$0.06 for the same period in 2024 [6]. 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 [7]. - The company operates through its subsidiaries, JAN Financial Press Limited and Miracle Media, with its financial reporting conducted in Hong Kong dollars [8].

Company Overview - Vantage Corp is a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market [1][3] - Founded in 2012 by five seasoned shipbrokers, Vantage Corp covers clean petroleum products, dirty petroleum products, biofuels, and vegetable oils [3] - The company operates through its 100%-owned subsidiary Vantage (BVI) Corporation and has a growing network of regional subsidiaries, including Vantage Shipbrokers Pte Ltd in Singapore and Vantage Nexus Commercial Brokers Co., L.L.C in the UAE [3] Upcoming Conference - Vantage Corp is scheduled to present at the 2025 Annual Gateway Conference on September 3 at 9:30 a.m. Pacific Time [2] - The presentation will be webcast live and available for replay, with executives available for one-on-one meetings throughout the conference [2] Gateway Conference Details - The Gateway Conference provides a platform for public and private companies to connect with investors, analysts, and partners [4] - Attendees will have access to presentations and one-on-one meetings with senior executives from over 75 companies across various sectors [5]

Company Overview - Synergy CHC Corp. is a leading consumer health and wellness company known for its flagship brands FOCUSfactor and Flat Tummy [6] - FOCUSfactor is a clinically studied brain health supplement with a 25-year legacy, distributed in the U.S., Canada, and the U.K. through major retailers like Costco, Walmart, Amazon, BJ's, and Walgreens [6] - The company is experiencing growth by penetrating new markets and has secured recent retail wins across various channels, which are expected to drive gains in late 2025 [6] Conference Participation - Synergy is confirmed to present at the 2025 Annual Gateway Conference on September 4 at 9:30 a.m. Pacific Time [1][2] - The presentation will be webcast live, and Synergy executives will be available for one-on-one meetings throughout the conference [2] Gateway Conference Details - The Gateway Conference connects growth-stage companies with prospective investors, analysts, and partners [3] - Attendees will have access to presentations and one-on-one meetings with senior executives from over 75 private and public companies across various sectors [4]

Company Overview - Inspirato Incorporated is a luxury vacation club and property technology company listed on Nasdaq under the ticker ISPO [6] - The company offers a portfolio of curated vacation options, including exclusive luxury vacation homes and accommodations at five-star hotels and resorts [6] Upcoming Event - Inspirato is scheduled to present at the 2025 Annual Gateway Conference on September 3 at 10:30 a.m. Pacific Time [2] - The presentation will be webcast live and available for replay, with executives available for one-on-one meetings throughout the conference [2] Conference Details - The Gateway Conference provides a platform for public and private companies to connect with investors, analysts, and partners [3] - Attendees will have access to presentations and one-on-one meetings with senior executives from over 75 companies across various sectors [4]

Financial Performance - Revenue for the year ended December 31, 2024, decreased by 25.7% to HK$36.5 million (US$4.7 million) from HK$49.1 million in 2023, primarily due to declines in corporate financial communications and IPO financial printing services [2][8] - General and administrative expenses increased by 128% to HK$24.9 million (US$3.2 million) for the year ended December 31, 2024, compared to HK$10.9 million in 2023, driven by issuance expenses and higher professional services and employee benefits costs [3] - Selling and distribution expenses rose by 55.6% to HK$7.0 million (US$0.9 million) for the year ended December 31, 2024, from HK$4.5 million in 2023, attributed to an increase in sales team staff and business development expenses [4] - The net loss for the year ended December 31, 2024, was HK$18.1 million (US$2.3 million), a significant decline from a profit of HK$7.1 million in 2023 [5][8] - Basic and diluted loss per share was HK$1.37 (US$0.18) for the year ended December 31, 2024, compared to earnings per share of HK$0.56 in 2023 [5] Company Overview - Powell Max Limited is a financial communications services provider based in Hong Kong, offering a range of services including financial printing, corporate reporting, and language support for corporate clients [6] - The company serves both domestic and international companies listed in Hong Kong, as well as those seeking to list, along with their advisors [6] Financial Position - Total assets increased to HK$62.57 million (US$8.06 million) as of December 31, 2024, from HK$22.99 million in 2023 [11][12] - Current liabilities rose to HK$40.14 million (US$5.17 million) as of December 31, 2024, compared to HK$37.03 million in 2023 [12] - Total liabilities increased to HK$41.30 million (US$5.32 million) as of December 31, 2024, from HK$38.30 million in 2023 [12]