707 Cayman Holdings Limited Announces Closing of $10.0 Million Initial Public Offering
1. 707 Cayman Holdings, trading as JEM, closed its IPO with 2.5 million shares. 2. The public offering price was $4.00, totaling gross proceeds of $10 million. 3. Net proceeds of approximately $5.2 million earmarked for brand acquisitions and marketing. 4. The company plans digital improvements and expansion of sales capabilities. 5. Stock traded on Nasdaq starting June 9, 2025, under ticker symbol JEM.