S-1 · resale registration
Issued 2024
Proposed maximum
Shares registered
- Filed
- Effective
PMAX$0.5601-0.39%
Powell Max Ltd
Sector: Services-Miscellaneous Business ServicesIndustry: Financial - Capital MarketsCountry: HKExchange: Nasdaq
Mkt Cap:$1.1M
Float & O/S:
Inst Own:
DilutionScan read 21 of Powell Max Ltd's SEC filings and found 5 warrant series, 8 convertibles, 1 equity line, 2 shelf registrations, 1 S-1 registration and 4 completed offerings on file for PMAX. The latest dilution event on file is an offering on Sep 30, 2026. Analysis updated Oct 14, 2026.
Signal8 Summary
PMAX
Micro-cap, two reverse splits, dilution ahead
Snapshot
Powell Max is a tiny Hong Kong financial-printing business with $6.1M in FY 2025 revenue, up 31% from a down FY 2024.
What's Happening Right Now
- : The SEC declared Powell Max's registration statement effective on Aug 17, 2026, clearing the way for a securities offering; no terms like size or price were disclosed yet.
- : Powell Max filed a shelf registration on Aug 29, 2026 to potentially sell up to $200M in securities, but its tiny public float of about $2.1M caps actual near-term sales to roughly $700K a year.
Raise routes on file: effective shelf + effective S-1 · latest dilution event 34 days ago
Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need
AI dilution summary
The dominant contractual driver and its mechanism, then each further driver ranked.
Latest dilution event
Sep 30, 2026 · Offering
Every warrant, convertible, ATM and shelf, cited to the filing
A free account reads 3 tickers a day in full
$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)
Share count and cash history
Shares outstanding, potential dilution and cash over time
Effective
August 2025 Private Placement Common Warrants
Issued 2025
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
January 2026 PIPE Common Warrants
Issued 2026
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
Warrant
Issued 2026
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
August 2026 Placement Agent Warrants - First Closing
Issued 2026
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
August 2026 Placement Agent Warrants - Second Closing
Issued 2026
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
Convertible
Principal
Conversion Price
Remaining principal
- Shares on conversion
- Interest rate
- Maturity
Convertible
Principal
Conversion Price
Remaining principal
- Shares on conversion
- Interest rate
- Maturity
Convertible
Principal
Conversion Price
Remaining principal
- Shares on conversion
- Interest rate
- Maturity
Convertible
Principal
Conversion Price
Remaining principal
- Shares on conversion
- Interest rate
- Maturity
Convertible
Principal
Conversion Price
Remaining principal
- Shares on conversion
- Interest rate
- Maturity
Convertible
Principal
Conversion Price
Remaining principal
- Shares on conversion
- Interest rate
- Maturity
Equity line
Issued 2024
Commitment
Sold to date
Remaining
- Agreement date
- Term ends
- Discount
F-3 shelf registration
Issued 2026
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
F-3 shelf registration
Issued 2026
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
PIPE
Issued 2025
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
PIPE
Issued 2026
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
PIPE
Issued 2026
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
PIPE
Issued 2026
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
Know who's about to sell into your PMAX trade
Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.
$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)
