Majestic Ideal Holdings Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq
Rhea-AI Summary
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.
Positive
- 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
Negative
- 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
FAQ
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