(SeaPRwire) – HONG KONG, April 09, 2026 — 707 Cayman Holdings Limited (“707” or the “Company”) (Nasdaq: JEM), a Hong Kong-based firm specializing in quality apparel sales and comprehensive supply chain management solutions, announced today that its board of directors approved a consolidation of the Company’s authorized, issued, and outstanding shares at a ratio of 20 for 1, effective in the marketplace on April 13, 2026. The approval was granted on March 4, 2026.
This share consolidation aims to allow the Company to restore compliance with Nasdaq Marketplace Rule 5550(a)(2) and preserve its Nasdaq listing.
Commencing at the market open on April 13, 2026, the Company’s Class A ordinary shares will be traded on the Nasdaq Capital Market on a post-consolidation basis. The trading symbol will remain “JEM,” but a new CUSIP number, G8071C111, will be assigned.
Pursuant to the consolidation, every 20 existing ordinary shares will be automatically combined into one issued and outstanding ordinary share, requiring no action from shareholders. Consequently, the total issued and outstanding ordinary shares will be reduced from 28,219,360 Class A Ordinary Shares to roughly 1,410,968 Class A Ordinary Shares, and from 7,806,000 Class B Ordinary Shares to 390,300 Class B Ordinary Shares, subject to rounding adjustments. No fractional shares will be issued in connection with this action. Instead, each shareholder will receive one whole share for any fractional interest that would have been created by the consolidation.
About 707 Cayman Holdings Limited
707 Cayman Holdings Limited is a Hong Kong-based enterprise that markets quality apparel and delivers end-to-end supply chain management solutions to customers across Western Europe, North America, and the Middle East. Its clientele consists of mid-sized brand owners and apparel companies with extensive global operations and private labels sold internationally.
707 Cayman Holdings Limited Contact:
HBK Strategy Limited
ir@hbkstrategy.com
+852 2156 0223
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