Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
20 Dezember 2024 - 7:36PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16
OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT
OF 1934
For the month of December 2024
Commission File Number 001-42260
Powell Max Limited
(Registrant’s Name)
22/F., Euro Trade Centre
13-14 Connaught Road Central,
Hong Kong
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form
40-F ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Entry into a Material Definitive Agreement
Convertible Promissory Note
On December 20, 2024, Powell
Max Limited, a business company incorporated under the laws of the British Virgin Islands (the “Company”), issued a
convertible promissory note (the “Note”) to YA II PN, Ltd. (the “Investor”) in the principal amount
of $1,000,000 at an original issuance discount of 8% pursuant to Standby Equity Purchase Agreement, dated as of November 21, 2024 (the
“SEPA”), the terms of which were previously disclosed by the Company’s in its Current Report on Form 6-K filed
with the Securities and Exchange Commission (the “SEC”) on November 22, 2024. The Note represents the third Pre-Advance
under the SEPA.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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POWELL MAX LIMITED |
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By: |
/s/ Tsz Kin Wong |
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Name: |
Tsz Kin Wong |
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Title: |
Chairman of the Board, Executive Director and
Chief
Executive Officer |
Date: December 20, 2024
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