MaxsMaking Inc. Sets Public Offering Price for Upcoming IPO

MaxsMaking Inc., known for its innovative approach in the manufacturing of customized consumer goods, announced today the pricing of its much-anticipated initial public offering (IPO). With its headquarters in Shanghai and manufacturing facilities in Zhejiang and Henan, the company is set to offer a total of 1,625,000 A shares at a price of $4.00 per share, which is expected to generate gross proceeds of $6,500,000 before accounting for underwriting discounts and offering expenses.

The shares are scheduled to launch trading on July 7, 2025, under the ticker symbol MAMK. This offering provides MaxsMaking with an opportunity not just to enhance its market visibility, but also to secure the necessary funding for ongoing expansion efforts.

Within the next 45 days following the IPO, the underwriter has the option to buy up to an additional 243,750 A shares to cover any overallotments, allowing further flexibility in accommodating demand. Pending customary closing conditions, the offering is expected to finalize on July 8, 2025.

The funds raised from this IPO will be strategically allocated across several phases of growth as follows: approximately 45% for expanding production facilities, 20% for potential investments and acquisitions, 15% for increasing workforce size in sales, IT, and management, 12% dedicated to marketing efforts, and the remaining 8% for product and software R&D.

Joseph Stone Capital, LLC is acting as the sole underwriter for this offering, with Ellenoff Grossman & Schole LLP representing the company legally, and Davidoff Hutcher & Citron LLP providing legal counsel to the underwriter.

MaxsMaking Inc., which was founded in 2007, integrates advanced technology into its operations, emphasizing both customization and sustainability. They offer a diverse array of products ranging from bags and backpacks to aprons, all made from materials such as cotton, nylon, and recycled PET. The company's commitment to quality and innovation is underscored by its use of sophisticated digital production techniques, allowing for efficient order processing and material management.

As the world gradually recovers from the economic impacts of the pandemic, the timing of MaxsMaking's IPO could not be more critical. Companies that position themselves effectively during periods of recovery often enjoy a significant advantage, and MaxsMaking's unique value proposition places it in a favorable position within the market. The firm is uniquely poised to capitalize on the growing emphasis on sustainable and ethically manufactured consumer goods.

Looking Forward

The forward-looking statements made by the Company provide a snapshot of their aspirations and strategic objectives, although potential investors are reminded of the inherent risks and market conditions impacting the performance of such offerings. Investors are encouraged to thoroughly review all pertinent documents filed with the U.S. Securities and Exchange Commission (SEC) prior to making investment decisions. Copies of the final prospectus related to this offering will be available via Joseph Stone Capital, LLC, and on the SEC's website.

For further inquiries, interested parties can contact the underwriter directly or reach out to WFS Investor Relations for investor-related questions.

MaxsMaking Inc. stands as a testament to the new wave of consumer-focused companies harnessing technology to redefine traditional manufacturing standards, and this IPO marks a significant milestone in its growth journey. As they step into the public arena, all eyes will be on how they leverage this new capital to propel further innovation and expansion in the customized goods market.