ActionMax runs out-of-the-box in hypseus (with bezels) using RetroPie on a Pi5 with Bookworm Lite.
hypseus-90a.png
Untested in Bookworm on a Pi4 and below at present, but Pi4 should work running the latest OS.
Note: A check was added to the hypseus.sh scriptmodule:
https://github.com/RetroPie/RetroPie-Setup/blob/master/scriptmodules/emulators/hypseus.sh#L76
That added -texturestream - this effectively disables actionmax games. However, the current check does not appear to be catching the Pi5 install and adding the argument.
However, it may be worth checking hypseus.sh startup script if you have issues and removing it. I will look to re-evaluate the hypseus scriptmodule in the future.
The old "Actionmax" emulator won't compile currently on Bookworm. So this old SDL1 emulator will now only apply to generations of RetroPie before Bookworm.