05:43 PM EDT, 07/08/2025 (MT Newswires) -- MaxsMaking ( MAMK ) said late Tuesday it has closed its initial public offering of about 1.6 million A shares at $4 apiece, raising gross proceeds of $6.5 million.

MaxsMaking ( MAMK ) granted its underwriter a 45-day option to purchase up to an additional 243,750 A shares.

The company said the use of proceeds include for production expansion, strategic investments, and research and development.

The shares began trading on Nasdaq Monday.