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].

Core Viewpoint - Powell Max Limited has received a notification from Nasdaq regarding non-compliance with corporate governance requirements due to the resignation of a board member, but the company has since taken steps to regain compliance [1][2][3]. Group 1: Compliance Issues - On February 5, 2026, Nasdaq notified Powell Max that it no longer meets certain corporate governance requirements following the resignation of Ms. Lee Chern Koay from the board and audit committee [1]. - The specific non-compliance relates to the independent director and audit committee composition rules under Nasdaq Listing Rule 5605(c)(2), which mandates an audit committee of at least three independent directors [1]. Group 2: Remedial Actions - The company appointed four new independent directors on January 30, 2026, and reconstituted the audit committee on February 6, 2026, to consist of three independent directors who meet Nasdaq's independence and financial literacy requirements [3]. - Powell Max believes it has regained compliance with Nasdaq corporate governance requirements and has notified Nasdaq accordingly [3]. Group 3: Current Status - The notice from Nasdaq does not have an immediate effect on the listing of the company's Class A ordinary shares, which will continue to trade on the Nasdaq Capital Market under the symbol "PMAX" [4]. Group 4: 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 [4]. - The company's clientele includes both domestic and international companies listed in Hong Kong, as well as those seeking to list in Hong Kong [4].

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].

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 | | --- | --- | ...