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Powell Max Files $200 Million Mixed Shelf

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Powell Max (PMAX) filed a registration statement with the US Securities and Exchange Commission Friday covering the potential sale of up to $200 million of its securities from time to time in one or more offerings.

The filing covers ordinary shares, preferred stock, warrants, debt securities and units.

Powell Max intends to use the net proceeds from any future securities sales for general corporate purposes, including working capital, unless otherwise specified in a prospectus supplement, according to the filing.

Price: $1.66, Change: $+0.01, Percent Change: +0.61%

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