PMAX News | Roxom Stocks

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Mkt Cap

$2.1M

Volume

58.55K

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Powell Max Limited Congratulates Remington Firearms on its New Production from State-of-the-Art LaGrange Facility Newly Manufactured Model 700 Rifles and Model 870 Shotguns Expected to Reach U.S. Retail Channels Beginning This FallPowell Max Limited announced a 1.5% initial equity stake in Blackrod Holdings, LLC, which owns exclusive rights to manufacture and sell Remington Firearms. Remington's new state-of-the-art facility in LaGrange, Georgia is expected to begin production of Model 700 rifles and Model 870 shotguns reaching U.S. retail channels this fall, with an option for Powell Max to acquire majority ownership within 12 months.GlobeNewswire Inc. · Oct 8, 2026

Powell Max Limited Signs Non-Binding Letter of Intent to Acquire The Boston Solar CompanyPowell Max Limited (NASDAQ: PMAX), a financial communications services provider, has signed a non-binding Letter of Intent to acquire The Boston Solar Company for $9.0 million (including assumption of up to $7.0 million in debt). Boston Solar is a vertically-integrated regional solar installer in New England with $24 million in 2025 revenue and $2 million adjusted net income. Powell Max plans to provide up to $20 million in working capital funding post-closing, with a definitive agreement expected by May 16, 2026.Benzinga · Mar 23, 2026

Spartan Capital Securities, LLC Serves as Sole Placement Agent in Powell Max Limited’s $17 Million PIPE Financing (Nasdaq: PMAX)Spartan Capital Securities acted as sole placement agent for Powell Max Limited's $17 million PIPE financing. The company will use $9.4 million of net proceeds to repurchase 1.45 million Class A ordinary shares from Bliss on Limited, with remaining funds allocated for general corporate purposes.GlobeNewswire Inc. · Feb 2, 2026

Powell Max Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price DeficiencyPowell Max Limited, a Hong Kong-based financial communications services provider, has received a notification from Nasdaq that it is not in compliance with the $1.00 minimum bid price requirement for continued listing. The company has 180 days to regain compliance, which it plans to do by potentially implementing a reverse stock split.GlobeNewswire Inc. · Mar 11, 2025

Powell Max Limited Announces Closing of its Initial Public OfferingPowell Max Limited, a financial communications services provider headquartered in Hong Kong, announced the closing of its initial public offering of 1,426,750 Class A Ordinary Shares at a public offering price of $4 per Share. The aggregate gross proceeds from the Offering were $5,707,000.Benzinga · Sep 6, 2024

Powell Max Limited Announces Closing of its Initial Public OfferingPowell Max Limited, a financial communications services provider in Hong Kong, has announced the closing of its initial public offering of 1,426,750 Class A Ordinary Shares at a public offering price of $4 per share, raising gross proceeds of $5,707,000.GlobeNewswire Inc. · Sep 6, 2024

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