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MaxsMaking (NASDAQ:MAMK), a manufacturer of customized consumer goods, has successfully completed its Initial Public Offering (IPO) of 1,625,000 A shares at $4.00 per share, raising gross proceeds of $6.5 million. The shares began trading on the Nasdaq Capital Market on July 7, 2025.
The company plans to allocate the proceeds strategically: 45% for production facilities construction, 20% for strategic investments, 15% for new hires, 12% for marketing, and 8% for R&D. Joseph Stone Capital, LLC served as the sole underwriter and has a 45-day option to purchase up to 243,750 additional shares.
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