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JM Group Limited Announces Filing of Annual Report on Form 20-F Fiscal Year 2025

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JM Group (NYSE American: JMG) filed its Annual Report on Form 20-F for the fiscal year ended September 30, 2025, and the filing was submitted to the SEC on February 10, 2026. The report includes the company's complete audited financial statements and is available online.

Shareholders can request a free hard copy from Investor Relations by contacting the company by email.

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Negative

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Market Context

This announcement reiterates that JM Group’s Form 20-F for the year ended September 30, 2025 was fil...
Analysis

This announcement reiterates that JM Group’s Form 20-F for the year ended September 30, 2025 was filed on February 10, 2026 and is accessible to shareholders. Recent filings describe the company’s reliance on two major customers for over 90% of revenue, use of a revolving factoring facility at 6.7%–7.3%, and ongoing SEC and NYSE investigations following a trading suspension from January 15–29, 2026. Investors may focus on these disclosed risks and liquidity considerations in the annual report.

Key Figures

IPO gross proceeds: $15,000,000 IPO total proceeds: $17,250,000 IPO share price: $4.00 +5 more
8 metrics
IPO gross proceeds $15,000,000 Initial public offering (excluding over-allotment)
IPO total proceeds $17,250,000 IPO including 562,500-share over-allotment
IPO share price $4.00 Per-share price for 3,750,000 ordinary shares
Shares outstanding 16,000,000 Ordinary shares outstanding as of Sep 30, 2025
Shares outstanding 20,312,500 Ordinary shares outstanding as of Form 20-F report date
Factored receivables HKD21,920,779 Revolving factoring facility balance as of Sep 30, 2025
Factoring interest rates 6.7%–7.3% Interest on revolving factoring facility
Trading suspension period Jan 15–Jan 29, 2026 SEC suspension of trading under Section 12(k)

Historical Context

1 past event · Latest: Dec 11 (Positive)
Pattern 1 events
Date Event Sentiment 24h Move Catalyst
Dec 11 IPO completion Positive -18.6% Closing of $15M IPO at $4.00 per share and NYSE listing.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The IPO was followed by a significant negative price reaction despite capital raised, suggesting past divergence between positive corporate events and price performance.

Recent Company History

Over the past several months, JM Group Limited completed its IPO, raising gross proceeds of $17,250,000 including over-allotments, and listed on the NYSE American under JMG. The IPO day saw a -18.57% move despite the capital infusion. Subsequent filings detail SEC and NYSE trading suspensions and investigations, as well as the filing of the Form 20-F on February 10, 2026. Today’s announcement reiterates that this annual report for the year ended September 30, 2025 has been filed and made available to shareholders.

Key Terms

form 20-f, securities and exchange commission
2 terms
form 20-f regulatory
"its annual report on Form 20-F for the fiscal year ended"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
securities and exchange commission regulatory
"has been filed with the U.S. Securities and Exchange Commission"
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Hong Kong, April 27, 2026 (GLOBE NEWSWIRE) -- JM Group Limited (NYSE American: JMG) (the “Company” or “JMG”), a Hong Kong-headquartered sourcing and wholesale solutions provider for a wide array of consumer products, today provided update that its annual report on Form 20-F for the fiscal year ended September 30, 2025 has been filed with the U.S. Securities and Exchange Commission (the “SEC”) on February 10, 2026.

The Annual Report on Form 20-F is available on the Company's website at https://ir.jmgroup-hk.com/secfilings and on the SEC's website at www.sec.gov. Shareholders may receive a hard copy of the Annual Report, which includes the Company's complete audited financial statements, free of charge upon request by contacting Investor Relations at info@justen-marks.com.hk .

About JM Group Limited

Headquartered in Hong Kong, JM Group Limited is a sourcing solutions provider committed to promoting better lifestyle choices for consumers. Since its incorporation in 2016, the Company has globally sourced and wholesaled a wide array of consumer products ranging from sporting goods, toys and games, seasonable decors and party supplies, electronics, home and tools, school and art supplies, apparels, to personal care products. For more information please visit: ir.jmgroup-hk.com.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; its future business development, results of operations and financial condition; its ability to maintain and enhance the recognition and reputation of its brand; its ability to compete in the Hong Kong and US markets; the economic and business conditions globally and in Hong Kong and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

Contact: info@justen-marks.com.hk
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FAQ

Has JM Group (JMG) filed its 2025 Form 20-F and where can investors access it?

Yes—JM Group filed its Form 20-F for the fiscal year ended September 30, 2025 on February 10, 2026. According to the company, the report is available on its investor website and on the SEC website at www.sec.gov.

What does JM Group's Form 20-F include for fiscal 2025 shareholders?

The Form 20-F includes the company's complete audited financial statements for fiscal 2025. According to the company, shareholders can review the full audited accounts and notes via the online filing or request a free hard copy.

How can JMG shareholders request a hard copy of the 2025 annual report?

Shareholders may request a free hard copy by contacting Investor Relations via the provided email address. According to the company, requests should be sent to info@justen-marks.com.hk to receive the mailed report.

When was JM Group's 2025 Form 20-F filed with the SEC (JMG)?

JM Group's Form 20-F for the fiscal year ended September 30, 2025 was filed with the SEC on February 10, 2026. According to the company, the filing date is February 10, 2026 and the report is now publicly accessible.

Will JM Group (JMG) provide audited financial statements in the 2025 Form 20-F?

Yes—the 20-F contains the company's complete audited financial statements for fiscal 2025. According to the company, those audited statements are included in the annual report available online and by free request.