Powell Max Completes Restructuring, Raises $17mln, Rejoins Nasdaq

Monday, Mar 9, 2026 9:25 am ET1min read
PMAX--

Powell Max has completed a corporate restructuring, raised $17 million, reconstituted its board, and regained Nasdaq compliance. The company appointed Geordan Pursglove as Chairman and CEO and added four new directors. The moves position Powell Max for growth and strengthen governance and oversight.

Powell Max Completes Restructuring, Raises $17mln, Rejoins Nasdaq

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