MaxsMaking Inc. Receives Nasdaq Delisting Determination Notice
MaxsMaking Inc. has received a notice from Nasdaq indicating its securities are scheduled for delisting. The company intends to request a hearing regarding the determination.
MaxsMaking Inc. announced it has received a Staff Delisting Determination from Nasdaq, stating the exchange's intent to delist the company's securities. This follows a temporary trading suspension by the SEC in November 2025 and a halt by Nasdaq in December 2025.
Nasdaq cited its Listing Rule IM-5101-4, which allows for discretionary delisting when third parties may engage in misconduct impacting a company's securities. The exchange believes such potential for manipulation indicates insufficient liquidity for fair and orderly markets, justifying the delisting to protect investors.
The company plans to request a hearing before an independent Panel, which will automatically stay any delisting or suspension action pending a decision. Trading in MaxsMaking's securities will remain halted until the Panel's ruling.
MaxsMaking Inc., founded in 2007 and based in Shanghai, is a manufacturer of customized consumer goods focused on advanced technology. The company integrates digital production, software development, and brand management to offer small-batch textile customization services.