Majestic Ideal Holdings Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq
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.
Majestic Ideal Holdings Limited (Nasdaq: MJID), fornitore di servizi di gestione della catena di approvvigionamento (SCM) nel settore dell'abbigliamento, ha annunciato il prezzo della sua offerta pubblica iniziale a 6,00 $ per azione per 2.500.000 azioni ordinarie. Le negoziazioni inizieranno sul Nasdaq Capital Market il 18 luglio 2025, con il simbolo "MJID".
La società ha concesso agli underwriter un'opzione di 45 giorni per acquistare fino a ulteriori 375.000 azioni ordinarie. La conclusione dell'offerta è prevista per il 21 luglio 2025. I proventi saranno utilizzati per l'acquisto di materie prime, l'espansione della base clienti, il miglioramento delle capacità di SCM, l'esplorazione di materiali eco-sostenibili e il finanziamento del capitale circolante.
Majestic Ideal Holdings Limited (Nasdaq: MJID), proveedor de servicios de gestión de la cadena de suministro (SCM) en la industria de la confección, ha anunciado el precio de su oferta pública inicial a 6,00 $ por acción para 2.500.000 acciones ordinarias. Las operaciones comenzarán en el Nasdaq Capital Market el 18 de julio de 2025, bajo el símbolo "MJID".
La compañía ha otorgado a los suscriptores una opción de 45 días para comprar hasta 375.000 acciones ordinarias adicionales. Se espera que la oferta cierre el 21 de julio de 2025. Los fondos se utilizarán para adquirir materias primas, expandir la base de clientes, mejorar las capacidades de SCM, explorar materiales ecológicos y financiar necesidades de capital de trabajo.
Majestic Ideal Holdings Limited (나스닥: MJID)는 의류 산업에서 공급망 관리(SCM) 서비스를 제공하는 회사로, 주당 6.00달러에 2,500,000 보통주의 초기 공개 주식 가격을 발표했습니다. 거래는 2025년 7월 18일 나스닥 캐피털 마켓에서 "MJID"라는 심볼로 시작됩니다.
회사는 인수인들에게 45일간 추가로 375,000 보통주를 구매할 수 있는 옵션을 부여했습니다. 공모는 2025년 7월 21일에 마감될 예정입니다. 조달된 자금은 원자재 구매, 고객 기반 확장, SCM 역량 강화, 친환경 소재 탐색 및 운전자본 필요 자금으로 사용될 예정입니다.
Majestic Ideal Holdings Limited (Nasdaq : MJID), fournisseur de services SCM dans l'industrie de l'habillement, a annoncé le prix de son offre publique initiale à 6,00 $ par action pour 2 500 000 actions ordinaires. Les échanges débuteront sur le Nasdaq Capital Market le 18 juillet 2025, sous le symbole "MJID".
La société a accordé aux souscripteurs une option de 45 jours pour acheter jusqu'à 375 000 actions ordinaires supplémentaires. La clôture de l'offre est prévue pour le 21 juillet 2025. Les fonds seront utilisés pour l'achat de matières premières, l'expansion de la clientèle, l'amélioration des capacités SCM, l'exploration de matériaux écologiques et le financement des besoins en fonds de roulement.
Majestic Ideal Holdings Limited (Nasdaq: MJID), ein Anbieter von SCM-Dienstleistungen in der Bekleidungsindustrie, hat den Preis seines Börsengangs auf 6,00 $ pro Aktie für 2.500.000 Stammaktien festgelegt. Der Handel soll am 18. Juli 2025 am Nasdaq Capital Market unter dem Symbol "MJID" beginnen.
Das Unternehmen hat den Underwritern eine 45-tägige Option eingeräumt, bis zu 375.000 zusätzliche Stammaktien zu erwerben. Der Abschluss des Angebots wird für den 21. Juli 2025 erwartet. Die Erlöse werden verwendet, um Rohstoffe zu beschaffen, die Kundenbasis zu erweitern, die SCM-Fähigkeiten zu verbessern, umweltfreundliche Materialien zu erforschen und den Betriebskapitalbedarf zu finanzieren.
- IPO provides fresh capital for business expansion and working capital
- Strategic focus on eco-friendly and sustainable materials shows market adaptation
- Company offers integrated end-to-end supply chain solutions in apparel industry
- Small IPO size of only 2.5 million shares may limit market liquidity
- Highly competitive apparel industry with potential margin pressures
- Geographic concentration risk with Hong Kong-based operations
Insights
Majestic Ideal Holdings' $15M IPO provides capital for supply chain expansion but represents a small-cap entry with standard terms.
Majestic Ideal Holdings Limited has priced its IPO at
The Hong Kong-based firm provides supply chain management services for the apparel industry, offering end-to-end solutions from trend analysis to logistics management. The capital raise appears strategically focused on strengthening their operational capabilities, with proceeds earmarked for raw material procurement, customer base expansion, and enhancing SCM service capabilities.
The underwriting team of Craft Capital Management and WestPark Capital suggests a boutique approach to this offering rather than involvement from major investment banks, which typically indicates a smaller market capitalization company. The
This IPO follows standard terms with a 45-day option for underwriters to purchase additional shares and appears to be a straightforward capital raise without unusual provisions. For the apparel industry, having a specialized SCM services provider entering the public markets may indicate increasing value being placed on supply chain optimization during a period where global logistics networks remain under pressure.
NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) -- Majestic Ideal Holdings Limited (Nasdaq: MJID) (the “Company”), a provider of SCM services in the apparel industry delivering one-stop solution, today announced the pricing of its initial public offering (the “Offering”) of 2,500,000 ordinary shares (the “Ordinary Shares”) on July 17, 2025, at a price of
The Offering is expected to close on July 21, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds to procure raw materials used in textile and garment manufacturing, to broaden the customer base and develop new customers, to enhance efficiency and SCM service capabilities, to explore and introduce eco-friendly and sustainable raw materials and to broaden the sourcing chain and to fund general working capital needs.
In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 375,000 Ordinary Shares of the Company, at the Offering price, less underwriting discounts.
Craft Capital Management, LLC and WestPark Capital, Inc. are the representatives of the underwriters (the “Underwriters”) for the Offering.
Loeb & Loeb LLP is acting as U.S. legal counsel to the Company and Haneberg Hurlbert PLC is acting as legal counsel to the Underwriters for the Offering.
The Offering is being conducted pursuant to the Company’s Registration Statement on Form F-1 (File No. 333- 282499) previously filed with, and subsequently declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on June 30, 2025. The Offering is being made only by means of a prospectus. Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release are “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company’s current expectations or beliefs concerning future events and actual events may differ materially from current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including the strength of the economy, changes to the market for securities, political or financial instability and other factors which are set forth in the Company’s Registration Statement on Form F-1 (File No. 333-282499), as amended, and in all filings with the SEC made by the Company subsequent to the filing thereof. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
About Majestic Ideal Holdings Limited
Majestic Ideal Holdings Limited is a provider of SCM services in the apparel industry delivering one-stop solution to its customers for a broad range of yarn products, textiles and finished garments. The company’s service offerings encompass every key aspect of the supply chain of these products: market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. Through its integrated capabilities, the company provides end-to-end supply chain solutions that are tailored to meet its customers’ unique needs.
Contacts
Majestic Ideal Holdings Limited Investor Relations Contact:
Majestic Ideal Holdings Limited
22/F, China United Plaza,
1008, Tai Nan West Street,
Cheung Sha Wan, Kowloon, Hong Kong
(+852) 3915 2600
Email: ir@mcegroup.com
Underwriter Inquiries:
Craft Capital Management, LLC
377 Oak St.
Lower Concourse
Garden City, NY 11530
Email: info@craftcm.com
WestPark Capital, Inc.
1800 Century Park East
Suite 220
Los Angeles, CA 90067
Email: jstern@wpcapital.com
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