MaxsMaking Inc. prices IPO at $4.00 per share for $6.5mln.

MaxsMaking Inc. announced the pricing of its initial public offering, offering 1,625,000 A shares at $4.00 per share for gross proceeds of $6,500,000. The A Shares are expected to be listed on the and commence trading on July 7, 2025. The Company has granted the underwriter an option to purchase up to an additional 243,750 A Shares within 45 days from the closing date. The Offering is expected to close on July 8, 2025.

MaxsMaking Inc., a technology-driven manufacturer of customized consumer goods, has priced its initial public offering (IPO) at $4.00 per share. The company is offering 1,625,000 A shares, which will generate gross proceeds of $6,500,000 before underwriting discounts and offering expenses. The A Shares are expected to be listed on the Nasdaq and commence trading on July 7, 2025, under the ticker symbol "MAMK" [1].

The company has granted the underwriter an option to purchase up to an additional 243,750 A Shares within 45 days from the closing date of the Offering, to cover any over-allotment option. The Offering is expected to close on July 8, 2025, subject to customary closing conditions [1].

MaxsMaking Inc. intends to use approximately 45% of the proceeds from this IPO for construction of production facilities and expansion of its scale of production, approximately 20% for potential strategic investment and acquisitions, approximately 15% for new hires in the sales, IT, production, and management departments, approximately 12% for marketing, and the remaining 8% for product and software research and development [1].

The IPO is being conducted on a firm commitment basis, with Joseph Stone Capital, LLC acting as the sole underwriter. The company has filed a registration statement on Form F-1 (File No. 333-283211) with the U.S. Securities and Exchange Commission (SEC), which was declared effective on July 3, 2025 [1].

Investors interested in obtaining a copy of the final prospectus related to the Offering can contact Joseph Stone Capital, LLC at 585 Stewart Ave., Suite L60-C, Garden City, NY 11530, via email at or by telephone at +1 (866) 866 1433. The final prospectus will also be available on the SEC's website at www.sec.gov [1].

References:
[1] https://www.prnewswire.com/news-releases/maxsmaking-inc-announces-pricing-of-its-initial-public-offering-302498862.html