Nasdaq delists MaxsMaking securities
Analysis based on 6 articles · First reported Jul 17, 2026 · Last updated Jul 24, 2026
MaxsMaking's securities will be delisted from Nasdaq, reducing liquidity and investor confidence. The stock may trade over-the-counter, but the delisting signals severe regulatory and operational issues.
MaxsMaking Inc., a Shanghai-based manufacturer of customized consumer goods, received a Staff Delisting Determination from Nasdaq on July 17, 2026, stating that Nasdaq has determined to delist the Company's securities. This follows a temporary trading suspension by the United States — United States Securities and Exchange Commission on November 17, 2025, and a subsequent trading halt by Nasdaq on December 2, 2025. Nasdaq is using its discretionary authority under Listing Rule IM-5101-4, which allows delisting based on potential third-party misconduct impacting a company's securities after an SEC suspension. The Company intends to request a hearing before an independent Hearing Panel, which will automatically stay any delisting or suspension action pending the panel's decision. The securities will remain halted until the appeal is resolved. If delisted, the securities may be eligible for trading on the over-the-counter market.
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