HONG KONG, March 11, 2025 – Powell Max Limited (Nasdaq: PMAX), a Hong Kong-based financial communications firm, has been notified by Nasdaq that it is not meeting the minimum bid price requirement of $1.00 for continued listing on the Nasdaq Capital Market. This is because the company’s Class A Ordinary Shares closed below $1.00 for 30 straight business days.

The notification states that Powell Max has until September 1, 2025, to regain compliance. To do so, the closing bid price of its Ordinary Shares must be at or above $1.00 for at least ten consecutive business days before this deadline.

The notification does not immediately affect the listing of Powell Max’s Ordinary Shares, which will continue to trade on the Nasdaq Capital Market under the ticker symbol “PMAX.” The company plans to monitor its share price and may consider options to regain compliance, including a reverse stock split.

About Powell Max Limited

Powell Max Limited, headquartered in Hong Kong, provides financial communications services. The company supports capital market compliance and transaction needs for corporate clients and their advisors in Hong Kong. Its services encompass a complete suite of offerings, including typesetting, proofreading, translation, design, printing, electronic reporting, newspaper placement, and distribution.

Forward-Looking Statements

This release includes forward-looking statements regarding the company’s plan to regain compliance with the Minimum Bid Price Requirement. Terms like “will,” “future,” “expects,” “believes,” and “intends” are used to identify these statements, which are subject to uncertainties. Actual results may differ due to factors such as the company’s ability to obtain shareholder approval for a reverse stock split, the impact of the reverse stock split on the Company’s public float, economic conditions, and other risks detailed in the company’s filings with the SEC. Investors should carefully review cautionary statements and disclosures in the company’s SEC filings, including the “Risk Factors” section of its most recent Registration Statement on Form F-1. The company is not obligated to update or revise any forward-looking statements, except as required by law.

For investor and media inquiries, please contact:

Company Info:

Powell Max Limited
Investor Relations
(852) 2158 2888

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