Powell max limited announces closing of its initial public offering

Hong kong, sept. 06, 2024 (globe newswire) -- powell max limited (nasdaq: pmax) (the “company” or “powell max”), a financial communications services provider headquartered in hong kong, today announced the closing of its initial public offering (the “offering”) of 1,426,750 class a ordinary shares (the “shares”) at a public offering price of $4 per share. the aggregate gross proceeds from the offering, before deducting underwriting discounts and other offering expenses, were $5,707,000. the shares are listed on the nasdaq capital market under the symbol “pmax.”
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