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Transaction completed on September 28, 2026
Powell Max Limited (Nasdaq: PMAX) announced on September 28, 2026, that it has acquired a significant stake in the parent company of the iconic Remington Firearms brand. The acquisition was executed through a share exchange agreement dated September 25, 2026.
Details of the transaction, including the exact stake acquired and financial considerations, were disclosed in a Form 6-K filed with the SEC, along with an exhibit containing the share exchange agreement and a press release.
This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.