6-K - Powell Max Limited Class A Ordinary Shares | StockGist

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Powell Max Limited announced it has regained compliance with Nasdaq Listing Rule 5605(c)(2) regarding audit committee requirements. This follows the appointment of four new directors to the Board and Audit Committee, leading Nasdaq to confirm the matter is closed and allowing the Company to remain listed on the Nasdaq Capital Market.

Key Takeaways

1Powell Max Limited regained compliance with Nasdaq audit committee requirements under Listing Rule 5605(c)(2).

2Nasdaq staff confirmed compliance in a letter dated February 12, 2026, closing the matter.

3The Company appointed Mr. Andrew Hancox, Mr. Phillip Balatsos, Ms. Caroline Castleforte, and Ms. Lourdes Felix to its Board of Directors and Audit Committee.

4Nasdaq previously notified the Company of non-compliance on February 5, 2026.

5The Company remains listed on the Nasdaq Capital Market under the trading symbol 'PMAX'.

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

Executive & Director Changes

Andrew Hancox

Director, Audit Committee Member

Appointed

Effective: 2026-02-10

Phillip Balatsos

Director, Audit Committee Member

Appointed

Effective: 2026-02-10

Caroline Castleforte

Director, Audit Committee Member

Appointed

Effective: 2026-02-10

Lourdes Felix

Director, Audit Committee Member

Appointed

Effective: 2026-02-10

Exhibits (2)

6-K

REPORT OF FOREIGN PRIVATE ISSUER

99.1

PRESS RELEASE DATED FEBRUARY 13, 2026