707 Cayman Holdings Limited to Hold Extraordinary General Meeting on December 19, 2025

Rhea-AI Summary

707 Cayman Holdings (NASDAQ: JEM) will hold an Extraordinary General Meeting of Shareholders on December 19, 2025 at 10:00 a.m. Hong Kong Time (which is 9:00 p.m. U.S. Eastern Time on December 18, 2025) at 5/F., AIA Financial Centre, 712 Prince Edward Road East, San Po Kong, Kowloon, Hong Kong.

Holders of ordinary shares recorded in the register of members at the close of business on December 8, 2025 (U.S. Eastern Time) are entitled to notice and to vote. The Notice of EGM, Proxy Statement and Proxy Card are available on www.sec.gov.

Key Figures

Current price $0.2448 Before EGM announcement; <b>96.9%</b> below 52-week high of $7.90

52-week range $0.18–$7.90 Price sits <b>36%</b> above 52-week low, far below peak

IPO proceeds $10.0M Initial public offering completed on <b>June 10, 2025</b>

Net proceeds to company $5.2M Portion of IPO proceeds retained by 707 Cayman Holdings

Equity purchase capacity US$18,000,000 Maximum ordinary shares sale under Equity Purchase Agreement over 24 months

Commitment shares 750,360 shares Ordinary shares issued to investor as consideration in Equity Purchase Agreement

Compliance deadline April 15, 2026 Nasdaq minimum bid price deficiency 180-day compliance period end

EGM record date December 8, 2025 Shareholders of record entitled to receive notice and vote at EGM

Market Reality Check

$0.2448 Last Close

Volume Volume 224,466 vs 20-day average 357,827, indicating below-average trading interest before this EGM notice. low

Technical Shares at $0.2448 are trading well below the 200-day MA of $2.31, reflecting sustained weakness since listing.

Peers on Argus 2 Up

Within Consumer Cyclical/Apparel Retail, peers showed mixed moves: RENT up 10.52%, while DBGI down 6.76% and BIRD down 4.09%. Momentum scanner flagged TLYS and DBGI with double-digit upside, but JEM’s setup around the EGM appears stock-specific rather than part of a broad sector rotation.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Oct 21	Nasdaq deficiency notice	Negative	+3.8%	Nasdaq notified JEM of sub-$1 bid price and potential delisting risk.
Aug 13	Crypto treasury MOU	Negative	-12.3%	MOU to pursue cryptocurrency treasury reserve away from core apparel focus.
Jun 10	IPO completion	Positive	+4.2%	Completed $10M IPO at $4.00, raising $5.2M net for growth initiatives.

Pattern Detected

Limited history shows mixed reactions: positive alignment on IPO and compliance notice, but a sharp selloff on the cryptocurrency treasury MOU, suggesting investor sensitivity to strategic shifts away from the core apparel business.

Recent Company History

Over the past six months, 707 Cayman Holdings moved from its $10.0M IPO on June 10, 2025 to several material corporate updates. The IPO at $4.00 per share funded brand, marketing, and infrastructure plans, with a $5.2M net proceed to the company. Later, an August MOU to build a cryptocurrency treasury reserve coincided with a -12.35% move. In October, a Nasdaq minimum bid price deficiency notice highlighted listing risk. Today’s EGM notice fits into this sequence of governance and capital-structure events.

Market Pulse Summary

This announcement sets an Extraordinary General Meeting for December 19, 2025, with shareholders of record on December 8 eligible to vote on proposed resolutions detailed in the Proxy Statement. It follows a $10.0M IPO, a cryptocurrency-focused MOU, a Nasdaq minimum bid price deficiency notice, and an US$18,000,000 Equity Purchase Agreement. Investors may watch how EGM outcomes interact with listing compliance, capital access, and any future strategic shifts.

Key Terms

proxy statement regulatory

"the Proxy Statement and the Proxy Card are available on the SEC’s website"

A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.

proxy card regulatory

"the Proxy Statement and the Proxy Card are available on the SEC’s website"

A proxy card is a document that allows shareholders to give someone else the authority to vote on their behalf at a company’s meeting. Think of it as a permission slip that ensures a shareholder’s interests are represented even if they cannot attend in person. For investors, proxy cards are important because they influence company decisions and governance, giving them a way to participate indirectly.

equity purchase agreement financial

"entered into an Equity Purchase Agreement with Hudson Global Ventures, LLC"

An equity purchase agreement is a legal contract that sets the terms for buying ownership shares in a company, including the number of shares, price, and any conditions that must be met before the sale closes. For investors it matters because it determines how much ownership and control they gain, how the company’s value and share count change, and what protections or obligations each side has—think of it as the detailed bill of sale and ground rules for a stock purchase.

registration rights agreement regulatory

"The company also signed a Registration Rights Agreement under which it agreed"

A registration rights agreement is a contract that gives investors the option to have their ownership stakes officially registered with the government, making it easier to sell their shares later. This agreement matters because it provides investors with a clearer path to cash out their investments if they choose, offering more liquidity and confidence in their ability to sell their holdings when desired.

form f-1 regulatory

"agreed to file an initial Form F-1 registration statement with the SEC"

A Form F-1 is the document a non-U.S. company files with U.S. regulators when it wants to sell stock or other securities to U.S. investors. It lays out the company’s business, finances, risks and how the offering will work, acting like a product manual and ingredient list so investors can judge what they’re buying. For investors, it’s a key source of verified information used to compare opportunities and assess potential reward and risk.

reverse stock split financial

"potentially via a reverse stock split. Trading under symbol JEM continues"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

AI-generated analysis. Not financial advice.

HONG KONG, Dec. 09, 2025 (GLOBE NEWSWIRE) -- 707 Cayman Holdings Limited (“707” or the “Company”) (NASDAQ: JEM) will hold an Extraordinary General Meeting of Shareholders (the “EGM”) at 5/F., AIA Financial Centre, 712 Prince Edward Road East, San Po Kong, Kowloon, Hong Kong at 10 a.m. (Hong Kong Time) on December 19, 2025 (which is 9 p.m. U.S. Eastern Time on December 18, 2025).

Holders of the Company’s ordinary shares listed in the register of members of the Company at the close of business on December 8, 2025 (U.S. Eastern Time) are entitled to receive notice of, and vote at, the EGM or at any adjournment or postponement that may take place.

Copies of the Notice of the EGM, which sets forth the resolutions to be proposed and for which adoption and approval from shareholders is sought, the Proxy Statement and the Proxy Card are available on the SEC’s website at www.sec.gov.

About 707 Cayman Holdings Limited

707 Cayman Holdings Limited is an exempted company incorporated in the Cayman Islands with limited liability with a Hong Kong-based subsidiary that sells quality apparel products and provides supply chain management total solutions to our customers spanning from Western Europe, North America to the Middle East. Our customers include mid-size brand owners and apparel companies that have comprehensive operations with private labels that are sold worldwide.

Safe Harbor Statement

This press release contains forward-looking statements that reflect our current expectations and views of future events, including but not limited to, the Company’s extraordinary general meeting. Known and unknown risks, uncertainties and other factors, including those listed under “Risk Factors,” may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. You can identify some of these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements involve various risks and uncertainties. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. We qualify all of our forward-looking statements by these cautionary statements.

707 Cayman Holdings Limited Contact:

HBK Strategy Limited
ir@hbkstrategy.com
+852 2156 0223

FAQ

When is 707 Cayman Holdings' (JEM) Extraordinary General Meeting scheduled?

The EGM is scheduled for December 19, 2025 at 10:00 a.m. Hong Kong Time (9:00 p.m. U.S. ET on December 18, 2025).

Who is eligible to vote at the 707 Cayman Holdings (JEM) EGM on December 19, 2025?

Shareholders listed in the register of members at the close of business on December 8, 2025 (U.S. Eastern Time) are entitled to receive notice and vote.

Where will 707 Cayman Holdings (JEM) hold the December 19, 2025 EGM?

The meeting will be held at 5/F., AIA Financial Centre, 712 Prince Edward Road East, San Po Kong, Kowloon, Hong Kong.

How can JEM shareholders access the Notice of EGM and Proxy materials for the December 19, 2025 meeting?

The Notice of EGM, Proxy Statement and Proxy Card are available on the SEC website (www.sec.gov).

What time is the 707 Cayman Holdings (JEM) EGM for U.S. Eastern Time viewers?

The EGM time in U.S. Eastern Time is 9:00 p.m. on December 18, 2025.

Can shareholders attend or vote if they are not on the register by December 8, 2025 for JEM's EGM?

Only holders recorded in the register at the close of business on December 8, 2025 (U.S. Eastern Time) are entitled to notice and to vote at the EGM.