MaxsMaking Inc. Addresses SEC Trading Suspension and Affirms Full Cooperation with Regulators

Rhea-AI Summary

{"summary":"","positive":[],"negative":[],"faq":[]}

Key Figures

Trading suspension length: 10 days Suspension expiry time: 11:59 PM Eastern Standard Time IPO month: July 2025

3 metrics

Trading suspension length 10 days SEC Order of Suspension of Trading in company securities

Suspension expiry time 11:59 PM Eastern Standard Time Expiration time of SEC trading suspension on December 1, 2025

IPO month July 2025 Management reference to timing of successful Nasdaq IPO

Market Reality Check

Price: $13.00 Vol: Volume 256,773 is at 0.3x...

low vol

$13.00 Last Close

Volume Volume 256,773 is at 0.3x the 20-day average volume low

Technical Price $13.00 is trading above the 200-day MA of $3.46

Peers on Argus

Peers showed mixed moves, with HHS up 4.74% and PLAG down 4.91%, indicating no c...

1 Up 1 Down

Peers showed mixed moves, with HHS up 4.74% and PLAG down 4.91%, indicating no clear sector-wide direction relative to MAMK.

Historical Context

3 past events · Latest: Nov 12 (Positive)

Pattern 3 events

Date	Event	Sentiment	Move	Catalyst
Nov 12	Listing milestone	Positive	+30.3%	Celebrated Nasdaq listing with bell-ringing and growth-focused messaging.
Oct 31	Earnings update	Neutral	+15.2%	Reported H1 2025 results with higher revenue but lower margins and income.
Jul 08	IPO completion	Positive	-0.7%	Closed $6.5M IPO and began trading on Nasdaq Capital Market.

Pattern Detected

Recent news events for MAMK, including its IPO, interim results, and Nasdaq bell-ringing, were generally followed by positive single-day price reactions.

Recent Company History

Over the past few months, MaxsMaking completed its Nasdaq IPO in July 2025, raising $6.5 million, then reported first-half fiscal 2025 results showing higher revenue but lower margins and net income. A Nasdaq bell-ringing event on November 5, 2025 highlighted growth and technology ambitions. These milestones frame the current disclosure about the SEC’s trading suspension as occurring soon after a period of capital-raising and visibility-building.

Market Pulse Summary

This announcement detailed an SEC ten-day trading suspension and emphasized MaxsMaking’s full cooper...

Analysis

This announcement detailed an SEC ten-day trading suspension and emphasized MaxsMaking’s full cooperation with regulators and Nasdaq. Management stated it had no information implicating current insiders, reaffirmed confidence in prior filings and press releases, and highlighted policies against paid stock promotion. Investors may monitor future regulatory disclosures, any updates on the suspension-related inquiries, and how these developments interact with the company’s post-IPO growth plans.

Key Terms

order of suspension of trading, securities and exchange commission, trading suspension, nasdaq regulation

4 terms

order of suspension of trading regulatory

"addresses the ten-day Order of Suspension of Trading in the securities"

An order of suspension of trading is an official pause placed on buying and selling a particular stock or other security by a regulator or exchange, usually while they sort out missing information, suspected fraud, or other problems that could mislead investors. It matters because it freezes market activity — like hitting pause on a game to check the rules — protecting investors from sudden, uninformed price swings but also restricting liquidity and the ability to adjust portfolios until the issue is resolved.

securities and exchange commission regulatory

"entered by the Securities and Exchange Commission ("SEC") that expires tonight"

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

trading suspension regulatory

"The trading suspension did not relate to questions regarding the accuracy"

A trading suspension is a temporary halt on buying and selling a company's stock imposed by an exchange or regulator while a specific issue is resolved or more information is provided. It matters to investors because it freezes the market value and prevents trades—like pausing a game until the referee clears a disputed play—so investors cannot adjust positions and may face sudden price moves or uncertainty when trading resumes.

nasdaq regulation regulatory

"responding to a request from Nasdaq Regulation for additional information"

Nasdaq regulation is the set of rules, oversight processes and enforcement actions run by the Nasdaq exchange that govern how listed companies and market participants must behave. Think of it as a referee and rulebook for the market: it aims to keep trading fair, transparent and orderly, so investors can trust prices, spot risks sooner, and understand that companies can face fines, trading halts or delisting if they break the rules.

AI-generated analysis. Not financial advice.

SHANGHAI, Dec. 1, 2025 /PRNewswire/ -- MaxsMaking Inc. (Nasdaq: MAMK) ("MaxsMaking" or the "Company"), a manufacturer of customized consumer goods with a focus on advanced technology and innovation, addresses the ten-day Order of Suspension of Trading in the securities of the Company entered by the Securities and Exchange Commission ("SEC") that expires tonight, December 1, 2025 at 11:59 PM Eastern Standard Time.

On November 14, 2025, the SEC entered the Order because of what appeared to the SEC to be the potential manipulation of the Company's securities designed to artificially inflate the price and trading volume of the Company's securities. The trading suspension did not relate to questions regarding the accuracy and adequacy of information in the marketplace about the Company. Moreover, the Company has no information to suggest that the trading involved any shares held by current MaxsMaking officers, directors, or employees. Similarly, the Company has no information at this time to suggest that the recent trading activity was conducted by persons known to current management.

The Company has pledged to and is cooperating fully with the SEC's inquiry into the trading of the Company's securities. The Company also is cooperating fully with related inquiries by other capital markets regulators, including responding to a request from Nasdaq Regulation for additional information. The Company stands fully behind the accuracy and content of all press releases that the Company has issued and its public filings, including its published financial statements.

The Company has not, does not and will not communicate with publishers of internet newsletters or internet chat boards. Moreover, the Company has not paid anyone and does not pay anyone to promote its securities. The Company's retention of investor relations firms is solely for the purpose of ensuring prompt dissemination of material and financial information as required by regulators and establishing public awareness of corporate developments warranting disclosure. MaxsMaking refers all potential investors to warnings issued by the SEC about potentially misleading conduct in the promotion of stocks via the internet. Consistent with investor notices published by the SEC, MaxsMaking cautions potential investors who are interested in information about the Company to consider only information issued directly by the Company in filings with the SEC and press releases published by the Company.

In response and to advise the Company in connection with the trading suspension and the Company's cooperation with regulators, the Company has hired Jacob Frenkel, Chair, Government Investigations and Securities Enforcement Practice, Dickinson Wright PLLC, to advise the Company. Mr. Frenkel, nationally recognized for defending and litigating trading suspensions, previously worked for the SEC's Division of Enforcement, was a U.S. federal criminal prosecutor of public corruption and federal securities laws violations, and in his private practice has successfully litigated a trading suspension of an issuer's securities such that the SEC set aside the trading suspension. Mr. Frenkel and Dickinson Wright PLLC will supplement and complement the efforts of Ellenoff Grossman & Schole LLP, which has represented and continues to represent the Company since its initial public offering.

Mr. Xiaozhong Lin, Chairman and Chief Executive Officer of MaxsMaking, remarked: "As I stated previously, we are proud of our successful Nasdaq IPO in July 2025. We are committed to continuing to build value for our shareholders. We do not condone improper trading activity in our securities, and we are pleased to have added an expert to our team to reassure securities regulators about our commitment to compliance with securities laws and regulations. We will support all legal efforts to pursue aggressively any persons who seek to harm the Company's shareholders or impact artificially the value of the Company's securities."

The Company expressly disclaims any obligation in the future to address in public announcements or otherwise unusual patterns of trading in its securities or unusual prices or price swings thereof.

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.

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.

For more information, please contact:

MaxsMaking Inc.
Investor Relations
Email: ir@maxsmaking.com

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

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SOURCE MaxsMaking Inc.