MaxsMaking, a Chinese manufacturer of customized consumer goods, raised $7 million by offering 1.6 million shares at $4, the low end of the range of $4 to $5. The company offered 0.4 million fewer shares than anticipated.
MaxsMaking manufactures customized consumer goods, such as bags, aprons, throw pillows, flags, chair covers, tablecloths, luggage, and other consumer goods. The company has various subsidiaries that specialize in different aspects of the businesses, including digital production, software development, product design, brand management, online sales, and international trade.
MaxsMaking plans to list on the Nasdaq under the symbol MAMK. Joseph Stone Capital acted as sole bookrunner on the deal.
