Chinese custom consumer goods manufacturer Mike Reese submitted a prospectus to the SEC, planning to raise up to $9 million.

Chinese custom consumer goods manufacturer MaxsMaking submitted its prospectus to the US Securities and Exchange Commission (SEC) on Thursday, planning to raise up to $9 million through its initial public offering (IPO). The company, based in Shanghai, China, plans to raise $9 million by issuing 2 million shares of stock, with an offering price range of $4 to $5 per share. With the midpoint of the offering range, MaxsMaking's market value would reach $77 million. The company mainly produces custom consumer goods such as bags, aprons, pillows, flags, chair covers, table cloths, and luggage, among other consumer items. MaxsMaking has multiple subsidiaries that focus on different business areas, including digital production, software development, product design, brand management, online sales, and international trade. Established in 2007, MaxsMaking recorded $21 million in sales in the 12 months ending April 30, 2024. The company plans to list on the Nasdaq with the stock code "MAMK," with Joseph Stone Capital serving as the exclusive underwriter for the offering.