# MaxsMaking Inc. Announces Receipt of Nasdaq Delisting Determination Notice

- Link: https://www.thailand-business-news.com/pr-news/maxsmaking-inc-announces-receipt-of-nasdaq-delisting-determination-notice
- Published: 2026-07-24T08:47:00+07:00
- Author: PR Newswire

SHANGHAI, July 24, 2026 /PRNewswire/ — MaxsMaking Inc. (Nasdaq: MAMK) ("MaxsMaking"
or the "Company"), a manufacturer of customized consumer goods with a focus on advanced
technology and innovation, today announced that it received a Staff Delisting Determination(
the "Staff Determination"), dated July 17, 2026, from the Listing Qualifications
Department of The Nasdaq Stock Market LLC ("Nasdaq"), stating that Nasdaq has determined
to delist the Company’s securities.

Following a temporary trading suspension in the Company’s securities by the U.S.
Securities and Exchange Commission (the "SEC") on November 17, 2025, Nasdaq halted
trading in the Company’s securities on December 2, 2025, and has now determined 
to delist the Company’s securities pursuant to its discretionary authority contained
in Nasdaq Listing Rule IM-5101-4.

Nasdaq Listing Rule IM-5101-4 allows Nasdaq "to exercise discretion to delist a 
company from Nasdaq based on the potential for one or more third parties to engage
in misconduct impacting a company’s securities where the SEC has implemented a temporary
trading suspension." Nasdaq believes that the ability for third parties to manipulate
a security’s price indicates that the security does not have sufficient liquidity
to promote fair and orderly markets and, therefore, delisting is consistent with
the protection of investors and the public interest, and that it is appropriate 
to use its authority under IM-5101-4 to delist the Company’s securities from Nasdaq
based on those factors that make the Company’s securities susceptible to manipulation.

The Company intends to request a hearing before an independent Hearing Panel pursuant
to Nasdaq Listing Rule 5815. The hearing request will result in an automatic stay
of any delisting or suspension action, pending the Hearings Panel decision; notwithstanding,
the Company’s securities will remain in the trading halt pending the Hearing Panel’s
decision. 

**About MaxsMaking Inc.**

Founded in 2007 and headquartered in Shanghai, MaxsMaking Inc. specializes in customized
consumer goods with a focus on advanced technology and innovation. With production
facilities in China’s Zhejiang and Henan provinces, the Company integrates digital
production, software development, product design, brand management, online sales
and international trade to deliver small-batch textile customization services. Its
products include backpacks, shopping bags, aprons, and other promotional items. 
Using sustainable materials and proprietary order management technologies, MaxsMaking
delivers high-quality, cost-effective products while emphasizing environmental protection
and social responsibility. For more information, please visit the Company’s website:
[**https://ir.maxsmaking.com**](https://ir.maxsmaking.com/).

**Forward-Looking Statements**

Certain statements in this announcement are forward-looking statements. These forward-
looking statements involve known and unknown risks and uncertainties and are based
on the Company’s current expectations and projections about future events that the
Company believes may affect its financial condition, results of operations, business
strategy and financial needs. Investors can find many (but not all) of these statements
by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates,""
estimates," "projects," "intends," "plans," "will," "would," "should," "could," "
may" or other similar expressions in this announcement. The Company undertakes no
obligation to update or revise publicly any forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its expectations, except
as may be required by law. Although the Company believes that the expectations expressed
in these forward-looking statements are reasonable, it cannot assure you that such
expectations will turn out to be correct, and the Company cautions investors that
actual results may differ materially from the anticipated results and encourages
investors to review other factors that may affect its future results in the Company’s
registration statement and other filings with the U.S. Securities and Exchange Commission.

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