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Apparel firm 707 Cayman Holdings goes public, raising $10M at $4 per share, debuting on Nasdaq as 'JEM'.
A Hong Kong-based apparel company, 707 Cayman Holdings, priced its initial public offering at $4 per share, raising $10 million.
The offering includes 1.75 million shares from the company and 750,000 from a selling shareholder.
Shares will start trading on Nasdaq under the ticker 'JEM' on June 9, 2025, with the offering expected to close on June 10, 2025.
Bancroft Capital, LLC is the sole underwriter.
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La firma de ropa 707 Cayman Holdings se hace pública, recaudando $10 millones a $4 por acción, debutando en Nasdaq como 'JEM'.