STOCK TITAN

707 Cayman Holdings (Nasdaq: JEM) completes 12-for-1 share consolidation

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

707 Cayman Holdings Limited implemented a share consolidation in which every 12 ordinary shares were automatically combined into one share, effective July 14, 2026. The company states that the objective is to ensure ongoing compliance with Nasdaq Marketplace Rule 5550(a)(2) to maintain its Nasdaq listing.

Following the consolidation, issued and outstanding shares were reduced from 7,660,968 to approximately 638,414 Class A ordinary shares and from 390,300 to 32,535 Class B ordinary shares, subject to rounding. The Class A shares continue trading on the Nasdaq Capital Market under the symbol JEM on a split-adjusted basis with a new CUSIP G8071C137. No fractional shares are issued; instead, each affected shareholder receives one whole share of the relevant class in lieu of any fractional share.

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Share consolidation ratio 12-for-1 Each 12 ordinary shares combined into one share effective July 14, 2026
Pre-consolidation Class A shares outstanding 7,660,968 shares Class A ordinary shares before the 12-for-1 consolidation
Post-consolidation Class A shares outstanding approximately 638,414 shares Class A ordinary shares after the 12-for-1 consolidation, subject to rounding
Pre-consolidation Class B shares outstanding 390,300 shares Class B ordinary shares before the consolidation
Post-consolidation Class B shares outstanding 32,535 shares Class B ordinary shares after the consolidation, subject to rounding
Effective date of consolidation July 14, 2026 Marketplace effective date when split-adjusted trading began on Nasdaq
share consolidation financial
"707 Cayman Holdings Effects a Share Consolidation on July 14, 2026"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
Nasdaq Marketplace Rule 5550(a)(2) regulatory
"objective of the share consolidation is to ensure ongoing compliance with Nasdaq Marketplace Rule 5550(a)(2)"
Nasdaq Marketplace Rule 5550(a)(2) sets a minimum share price requirement for companies listed on the Nasdaq Capital Market, typically requiring that a company’s common stock maintain a closing bid of at least $1.00 per share. It matters to investors because failure to meet this threshold can trigger a delisting review, which is similar to failing a safety inspection: the stock may be removed from the exchange or force corporate actions (like a reverse split) that change liquidity, visibility, and how easy it is to buy or sell the shares.
split-adjusted basis financial
"Class A ordinary shares began trading on the Nasdaq Capital Market on a split-adjusted basis"
An adjustment to historical share prices and share counts that reflects past stock splits or reverse splits so that old data lines up with the current number of shares. Think of it like resizing an old photograph so it matches a new frame: it keeps price charts, returns and per‑share metrics comparable over time, which matters to investors who need accurate performance, valuation and trend analysis.
fractional shares financial
"No fractional shares will be issued to any shareholders in connection with the share consolidation"
Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.
Class A ordinary shares financial
"the Company’s Class A ordinary shares began trading on the Nasdaq Capital Market"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
CUSIP number financial
"under the same symbol “JEM” but under a new CUSIP number, G8071C137"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

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

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FAQ

What did 707 Cayman Holdings (JEM) change with its share structure?

707 Cayman Holdings effected a 12-for-1 share consolidation on July 14, 2026. Every 12 ordinary shares were automatically combined into one share, reducing the number of Class A and Class B shares outstanding while keeping the Nasdaq ticker symbol JEM.

Why did 707 Cayman Holdings (JEM) carry out a 12-for-1 share consolidation?

The company states that the consolidation’s objective is to ensure ongoing compliance with Nasdaq Marketplace Rule 5550(a)(2). This step is intended to help maintain its listing on the Nasdaq Capital Market under the JEM symbol.

How many Class A shares does 707 Cayman Holdings (JEM) have after the consolidation?

After the 12-for-1 consolidation, 707 Cayman Holdings has approximately 638,414 Class A ordinary shares outstanding, reduced from 7,660,968 Class A shares previously, with the change subject to adjustment for rounding.

How many Class B shares are outstanding for 707 Cayman Holdings (JEM) after the consolidation?

The number of Class B ordinary shares decreased from 390,300 to 32,535 following the 12-for-1 share consolidation. This reduction is also subject to adjustment for rounding, consistent with the treatment of other share classes.

How does 707 Cayman Holdings (JEM) handle fractional shares in the consolidation?

No fractional shares are issued in the consolidation. Each shareholder is instead entitled to receive one whole share of the relevant class in lieu of any fractional share that would otherwise have resulted from applying the 12-for-1 ratio.

When did 707 Cayman Holdings (JEM) start trading on a split-adjusted basis and under what identifiers?

Beginning with the opening of trading on July 14, 2026, the company’s Class A ordinary shares began trading on a split-adjusted basis on the Nasdaq Capital Market under the existing symbol JEM and a new CUSIP number, G8071C137.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number 001-42688

 

707 Cayman Holdings Limited

(Exact name of registrant as specified in its charter)

 

Not Applicable

(Translation of Registrant’s Name Into English)

 

5/F, AIA Financial Centre, 712 Prince Edward Road East, San Po Kong   Hong Kong
(Address of principal executive offices)   (Zip Code)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F ☐

 

 

 

 
 

 

EXHIBITS

 

99.1 Press release — 707 Cayman Holdings Effects a Share Consolidation on July 14, 2026

 

2
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  707 Cayman Holdings Limited
   
Date: July 14, 2026 By /s/ Cheung Lui
    Cheung Lui
    Chief Executive Officer

 

3

 

Exhibit 99.1

 

707 Cayman Holdings Effects a Share Consolidation on July 14, 2026

 

HONG KONG, July 14, 2026 (GLOBE NEWSWIRE) — 707 Cayman Holdings Limited (“707” or the “Company”) (Nasdaq: JEM), a Hong Kong-based company that sells quality apparel products and provides supply chain management total solutions, today announced that the outstanding shares of the Company have been consolidated on a 12 for 1 ratio with the marketplace effective date of July 14, 2026.

 

The objective of the share consolidation is to ensure the Company’s ongoing compliance with Nasdaq Marketplace Rule 5550(a)(2) in order to maintain its listing on Nasdaq.

 

Beginning with the opening of trading on July 14, 2026, the Company’s Class A ordinary shares began trading on the Nasdaq Capital Market on a split-adjusted basis, under the same symbol “JEM” but under a new CUSIP number, G8071C137.

 

As a result of the share consolidation, each 12 ordinary shares outstanding have been automatically combined and converted to one issued and outstanding ordinary share without any action on the part of the shareholders. The number of issued and outstanding ordinary shares of the Company has been correspondingly reduced from 7,660,968 Class A Ordinary Shares to approximately 638,414 Class A Ordinary Shares and 390,300 Class B Ordinary Shares to 32,535 Class B Ordinary Shares, subject to adjustment for rounding. No fractional shares will be issued to any shareholders in connection with the share consolidation, and each shareholder will be entitled to receive one share of the Company in lieu of the fractional share of that class that would have resulted from the share consolidation.

 

About 707 Cayman Holdings Limited

 

707 Cayman Holdings Limited is a Hong Kong-based company 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.

 

707 Cayman Holdings Limited Contact:

 

HBK Strategy Limited

ir@hbkstrategy.com

+852 2156 0223

 

 

Filing Exhibits & Attachments

1 document