Welcome to our dedicated page for Majestic Ideal news (Ticker: MJID), a resource for investors and traders seeking the latest updates and insights on Majestic Ideal stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Majestic Ideal's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Majestic Ideal's position in the market.
Majestic Ideal Holdings Limited (Nasdaq: MJID), a provider of SCM services in the apparel industry, has announced the pricing of its initial public offering at $6.00 per share for 2,500,000 ordinary shares. Trading is set to commence on the Nasdaq Capital Market on July 18, 2025, under the symbol "MJID".
The company has granted underwriters a 45-day option to purchase up to an additional 375,000 ordinary shares. The offering is expected to close on July 21, 2025. Proceeds will be used to procure raw materials, expand customer base, enhance SCM capabilities, explore eco-friendly materials, and fund working capital needs.
