74.8M Class A Shares Registered — Powell Max (NASDAQ: PMAX)
Powell Max (NASDAQ: PMAX) has registered 74.8 million Class A Ordinary Shares for resale by selling shareholders, primarily stemming from a January 2026 private placement. The company states it will not receive any proceeds from these resales, with the shares trading on Nasdaq under the symbol PMAX. The prospectus highlights potential regulatory risks associated with its Hong Kong-based operations, including PRC and Hong Kong laws concerning data privacy and cybersecurity, and the possibility of government intervention impacting its ability to offer shares and transfer funds.
OCT 13·Benzinga→
Dow Surges 1%; Fastenal Shares Fall After Q3 Results - Beyond Meat ( NASDAQ:BYND ) , Electra Battery Materials ( NASDAQ:ELBM )
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 450 points on Monday. Following the market opening Monday, the Dow traded up 1.01% to 45,936.88 while the NASDAQ rose 1.51% to 22,539.88. The S&P 500 also rose, gaining, 1.27% to 6,635.73.
SEP 23·GlobeNewswire→
Powell Max Limited Announces First Half 2025 Unaudited Financial Results
HONG KONG, Sept. 23, 2025 ( GLOBE NEWSWIRE ) -- Powell Max Limited ( Nasdaq: PMAX ) ( the "Company" or "Powell Max" ) , a financial communications services provider headquartered in Hong Kong, today announced its unaudited interim condensed financial results for the six months ended June 30, ...
