Spartan Capital Securities Serves as Sole Placement Agent in Powell Max Limited's $17 Million PIPE Financing
ByAinvest
Monday, Feb 2, 2026 1:58 pm ET1min read
PMAX--
Spartan Capital Securities served as sole placement agent in a $17 million PIPE financing for Powell Max Limited (Nasdaq: PMAX). The financing consisted of units comprised of one Class C ordinary share and a warrant to purchase Class A ordinary shares. The Company will use $9.4 million to repurchase shares from Bliss on Limited and the remainder for general corporate purposes.
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