JEM News & Events

707 Cayman Holdings' board of directors approved on March 4 that the authorized, issued, and outstanding shares of the Company be consolidated on a 20 for 1 ratio with the marketplace effective date of April 13. The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq. Beginning with the opening of trading on April 13, the Company's Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis, under the same symbol "JEM" but under a new CUSIP number, G8071C111.

707 Cayman Holdings files to sell 6.25M Class A ordinary shares

707 Cayman Holdings has filed a registration statement on Form F-1 with the U.S. SEC relating to the potential offering and resale of up to 48,750,360 Class A Ordinary Shares issuable pursuant to an equity purchase agreement entered into with Hudson Global Ventures, LLC. The company will not receive any of the proceeds from shares sold by the Investor.