POWELL MAX LIMITED ANNOUNCES 1-FOR-10 SHARE CONSOLIDATION EFFECTIVE APRIL 17, 2026
Powell Max Limited - Class A Ordinary Shares (PMAX)
Company Research
Source: GlobeNewswire
Boca Raton, FL, April 15, 2026 (GLOBE NEWSWIRE) -- Powell Max Limited (Nasdaq: PMAX) (“Powell Max” or the “Company”), a financial communications services provider, today announced a 1-for-10 share consolidation (the “Share Consolidation”) of all issued and outstanding ordinary shares, effective at the opening of trading on April 17, 2026. The Share Consolidation is intended to increase the market price per share of the Company’s Class A Ordinary Shares to a level above the US$1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The Share Consolidation will be effected pursuant to the Sixth Amended and Restated Memorandum and Articles of Association. The Company’s Class A Ordinary Shares (the “Class A Ordinary Shares”) will continue to trade on the Nasdaq Capital Market under the ticker symbol “PMAX” and will be assigned a new CUSIP Number: G7200G126. Upon effectiveness of the Share Consolidation, the Company’s authorized share capital will be redu
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PMAX
News
- Powell Max (PMAX) had its "sell (e+)" rating reaffirmed by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Rosen Law Firm Encourages Powell Max Ltd. Investors to Inquire About Securities Class Action Investigation – PMAXBusiness Wire
- Rosen Law Firm Encourages Powell Max Ltd. Investors to Inquire About Securities Class Action Investigation – PMAXBusiness Wire
- Powell Max Limited Signs Non-Binding Letter of Intent to Acquire The Boston Solar Company [Yahoo! Finance]Yahoo! Finance
- Powell Max Limited Signs Non-Binding Letter of Intent to Acquire The Boston Solar CompanyGlobeNewswire
PMAX
Sec Filings
- 4/15/26 - Form 6-K
- 3/23/26 - Form 6-K
- 3/10/26 - Form 3
- PMAX's page on the SEC website