Notable

Hyperscale Data declares 21.6% of Powell Max and talks with its board

Hyperscale Data and its affiliates hold 21.6% of Powell Max and say they are in talks with its board and management about ways to enhance stockholder value.

PMAX

The filing

13D

21.7%

Of the shares

$343.34k

Value

Active

Investor

Powell Max Limited Class A Ordinary Shares

Holds 610,597 shares

Stated purpose

The filers say they have discussed ways to enhance stockholder value with Powell Max's board and management, and may buy or sell shares or propose changes.

Declared to the SEC, the US stock market watchdog (Schedule 13D), after the 5% threshold was crossed on November 2, filed on November 10.

AI analysis

Nov 10

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