Spartan Capital Securities, LLC Serves as Sole Placement Agent in Powell Max Limited's $17 Million PIPE Financing (Nasdaq: PMAX) [Yahoo! Finance]
Powell Max Limited - Class A Ordinary Shares (PMAX)
Company Research
Source: Yahoo! Finance
dollar private investment in public equity (PIPE) financing for Powell Max Limited (Nasdaq: PMAX). In connection with the financing, Powell Max Limited entered into a securities purchase agreement with certain accredited investors. Pursuant to the agreement, the investors agreed to subscribe for and purchase, and the Company agreed to issue and sell, units comprised of one Class C ordinary share, $0.0008 par value per share, and a warrant to purchase Class A ordinary shares, $0.0008 par value per share. Aggregate gross proceeds were 17,000,000 dollars. The purchase warrants do not have a specific term and have an exercise price of $0.001 per Class A ordinary share, subject to adjustment pursuant to the terms of the purchase warrant. The Company will use 9,400,000 dollars of the net proceeds to repurchase 1,449,732 Class A ordinary shares from Bliss on Limited, a British Virgin Islands business company. The Company shall use the remainder for general corporate purposes. “Powell
Show less
Read more
Impact Snapshot
Event Time:
PMAX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PMAX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PMAX alerts
High impacting Powell Max Limited - Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
PMAX
Sec Filings
- 1/9/26 - Form 6-K
- 1/6/26 - Form SCHEDULE
- 12/31/25 - Form 6-K
- PMAX's page on the SEC website