HONG KONG, Oct. 21, 2025 — 707 Cayman Holdings Limited (“707” or the “Company”) (Nasdaq: JEM), a Hong Kong-based company specializing in quality apparel products and comprehensive supply chain management solutions, announced today the receipt of a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”). Dated October 17, 2025, the letter informed the Company that its closing bid price, observed from September 3, 2025, to October 16, 2025, no longer satisfied Nasdaq’s continued listing requirement, specifically Listing Rule 5550(a)(2), which mandates a minimum bid price of $1 per share.
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, extending until April 15, 2026, to regain compliance with Nasdaq’s continued listing standards. Should the Company fail to meet compliance within this initial period, it may qualify for an additional 180-calendar-day extension if it fulfills the continued listing requirement for the market value of publicly held shares, meets all other initial listing standards for The Nasdaq Capital Market (excluding the bid price rule), and provides written notice of its intent to resolve the deficiency during the second compliance period, potentially through a reverse stock split. However, if it becomes apparent that the Company cannot rectify the deficiency, or if it is otherwise ineligible for an extension, Nasdaq will issue a notice indicating that the Company’s securities will be subject to delisting.
This Nasdaq notification letter does not lead to the immediate delisting of the Company’s ordinary shares, which will continue to trade without interruption under the symbol “JEM.”
The Company is currently evaluating various options to regain compliance and aims to do so promptly with Nasdaq’s continued listing requirement. While 707 Cayman Holdings will exert all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will successfully regain compliance with this specific rule or remain in compliance with other Nasdaq continued listing requirements.
About 707 Cayman Holdings Limited
707 Cayman Holdings Limited is a Hong Kong-based company engaged in the sale of quality apparel products and the provision of total supply chain management solutions to customers across Western Europe, North America, and the Middle East. Its client base includes mid-sized brand owners and apparel companies operating extensive private label businesses sold globally.
Safe Harbor Statement
This press release contains forward-looking statements that reflect our current expectations and outlook regarding future events. Known and unknown risks, uncertainties, and other factors, including those enumerated under “Risk Factors,” may cause our actual results, performance, or achievements to diverge materially from those expressed or implied by such forward-looking statements. These statements can often be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue,” or similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe could influence our financial condition, operational results, business strategy, and financial needs, including our capacity to maintain a Nasdaq listing. Such statements inherently involve various risks and uncertainties. Except as legally mandated, we undertake no obligation to publicly update or revise any forward-looking statements, whether due to new information, future events, or otherwise, after the date they are made, or to reflect the occurrence of unanticipated events. All our forward-looking statements are qualified by these cautionary remarks.
707 Cayman Holdings Limited Contact:
HBK Strategy Limited
ir@hbkstrategy.com
+852 2156 0223
