Key Performance
More- Earnings Score: N/A
- Momentum Score: 54
- True Yield: N/A
- Financial Health Score: N/A
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Latest Research & News
Powell Max Limited Signs Non-Binding Letter of Intent to Acquire The Boston Solar Company
Powell Max Limited (NASDAQ: PMAX), a financial communications services provider, has signed a non-binding Letter of Intent to acquire The Boston Solar Company for $9.0 million (including assumption of up to $7.0 million in debt). Boston Solar is a vertically-integrated regional solar installer in New England with $24 million in 2025 revenue and $2 million adjusted net income. Powell Max plans to provide up to $20 million in working capital funding post-closing, with a definitive agreement expected by May 16, 2026.
03/23/2026, 8:30 AM • Benzinga
Spartan Capital Securities acted as sole placement agent for Powell Max Limited's $17 million PIPE financing. The company will use $9.4 million of net proceeds to repurchase 1.45 million Class A ordinary shares from Bliss on Limited, with remaining funds allocated for general corporate purposes.
02/02/2026, 1:53 PM • GlobeNewswire
