STOCK TITAN

MaxsMaking Inc. (Nasdaq: MAMK) hit with Nasdaq delisting move, shares halted

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

MaxsMaking Inc. reports that on July 17, 2026 it received a Staff Delisting Determination from Nasdaq’s Listing Qualifications Department, stating that Nasdaq has determined to delist the company’s securities under Nasdaq Listing Rule IM-5101-4. This follows a temporary SEC trading suspension in its securities on November 17, 2025 and a Nasdaq trading halt on December 2, 2025.

Nasdaq cites concerns that the company’s securities are susceptible to price manipulation and lack sufficient liquidity to promote fair and orderly markets, and views delisting as consistent with investor protection. MaxsMaking intends to request a hearing before an independent Hearings Panel under Rule 5815, which will automatically stay any delisting or suspension action, although the securities will remain subject to the existing trading halt while the panel considers the matter.

Positive

  • None.

Negative

  • Nasdaq delisting determination and ongoing trading halt place MaxsMaking’s securities at significant listing and liquidity risk, as Nasdaq moves to delist the shares and trading remains halted pending a Hearings Panel decision.
Staff Delisting Determination date July 17, 2026 Date Nasdaq issued its Staff Delisting Determination to delist the company’s securities
SEC temporary suspension date November 17, 2025 Date the SEC implemented a temporary trading suspension in the company’s securities
Nasdaq trading halt date December 2, 2025 Date Nasdaq halted trading in MaxsMaking’s securities
Press release date July 23, 2026 Date MaxsMaking publicly announced receipt of the Nasdaq Staff Delisting Determination
Staff Delisting Determination regulatory
"received a Staff Delisting Determination from the Listing Qualifications Department"
A staff delisting determination is a formal finding by exchange or regulatory staff that a listed security no longer meets the rules required to stay listed, similar to an official notice that a rental property no longer qualifies for occupancy. It matters to investors because it often precedes removal from the exchange, which can sharply reduce a stock’s visibility, trading liquidity and value, and may trigger urgent choices like selling, appealing the decision or seeking alternative markets.
Nasdaq Listing Rule IM-5101-4 regulatory
"now determined to delist the Company’s securities pursuant to its discretionary authority contained in Nasdaq Listing Rule IM-5101-4"
temporary trading suspension regulatory
"Following a temporary trading suspension in the Company’s securities by the U.S. Securities and Exchange Commission"
A temporary trading suspension is a short, planned halt in buying and selling a specific security imposed by an exchange or regulator. It is like hitting a pause button so the market can absorb important information, resolve extreme price swings, or fix technical or regulatory problems. For investors it matters because orders cannot be executed during the suspension, which pauses price discovery and liquidity and can create uncertainty about when trading will resume and at what price.
Hearings Panel regulatory
"The Company intends to request a hearing before an independent Hearings Panel pursuant to Nasdaq Listing Rule 5815"
A hearings panel is a small group of officials or experts who hold formal sessions to review evidence, question parties, and make decisions about regulatory compliance, discipline, or approvals. Think of it like a review board or courtroom for business and market issues: its findings can lead to fines, changes in a company’s permissions, or even delisting. Investors pay attention because the panel’s rulings can directly affect a company’s operations, reputation and share price.
forward-looking statements regulatory
"Certain statements in this announcement are forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did MaxsMaking Inc. (MAMK) disclose about its Nasdaq listing status?

MaxsMaking disclosed that on July 17, 2026 Nasdaq issued a Staff Delisting Determination to delist its securities under Rule IM-5101-4. This follows an earlier SEC trading suspension and a Nasdaq trading halt in its securities.

Why is Nasdaq seeking to delist MaxsMaking Inc. (MAMK) securities?

Nasdaq cites Rule IM-5101-4, which allows discretionary delisting when third parties may engage in misconduct after an SEC suspension. Nasdaq believes MaxsMaking’s securities are susceptible to price manipulation and lack sufficient liquidity for fair and orderly markets.

Are MaxsMaking Inc. (MAMK) shares currently trading on Nasdaq?

No. After an SEC temporary trading suspension on November 17, 2025, Nasdaq halted trading on December 2, 2025. The company states its securities will remain in the trading halt while a Hearings Panel reviews the delisting determination.

How is MaxsMaking Inc. (MAMK) responding to the Nasdaq delisting determination?

MaxsMaking intends to request a hearing before an independent Hearings Panel under Nasdaq Listing Rule 5815. Filing the hearing request will automatically stay any delisting or suspension action, but the existing trading halt will continue during the panel’s review.

What prior regulatory actions affected MaxsMaking Inc. (MAMK) securities?

MaxsMaking notes that the SEC imposed a temporary trading suspension in its securities on November 17, 2025. Following this action, Nasdaq halted trading in the company’s securities on December 2, 2025, and has now issued a Staff Delisting Determination.

What business does MaxsMaking Inc. (MAMK) operate?

MaxsMaking, founded in 2007 and based in Shanghai, manufactures customized consumer goods such as backpacks, shopping bags and aprons. It integrates digital production, software development, design, brand management and online sales, emphasizing sustainable materials and environmental and social responsibility.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number: 001-42735

 

MaxsMaking Inc.

(Exact name of registrant as specified in its charter)

 

Room 903, Building 2, Kangjian Business Plaza No. 1288 Zhennan Road

Putuo District, Shanghai, China, 200331

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒       Form 40-F ☐

 

 

 

 

 

 

Receipt of Nasdaq Delisting Determination Notice

 

On July 17, 2026, MaxsMaking Inc. (the “Company”) received a Staff Delisting Determination (the “Staff Determination”) 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 Hearings 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 Hearings Panel’s decision.  

 

The Company issued a press release on July 23, 2026, announcing the receipt of the Staff Determination from Nasdaq. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The Company furnishes this report on Form 6-K to satisfy its obligation under Listing Rule 5810(b) to make public disclosure of the Staff Determination within four business days thereof.

 

1

 

 

Exhibits

 

The following exhibits are being filed herewith:

 

Exhibit No.   Description
99.1   Press Release dated July 23, 2026, issued by the Company

 

2

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  MaxsMaking Inc.
   
  By: /s/ Xiaozhong Lin
    Xiaozhong Lin Chief Executive Officer

 

Dated: July 23, 2026

 

3

Exhibit 99.1

 

MaxsMaking Inc. Announces Receipt of Nasdaq Delisting Determination Notice

 

SHANGHAI, Jul. 23, 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 Hearings 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.

 

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

  

Filing Exhibits & Attachments

1 document