--- title: "707 Cayman Holdings Effects a Share Consolidation on July 14, 2026 | JEM Stock News" type: "News" locale: "en" url: "https://longbridge.com/en/news/292684886.md" description: "707 Cayman Holdings Limited (Nasdaq: JEM) executed a 12-for-1 share consolidation effective July 14, 2026. This action aims to comply with Nasdaq Marketplace Rule 5550(a)(2) to maintain its listing status. Trading resumed on a split-adjusted basis under the same symbol 'JEM' with a new CUSIP. The consolidation reduced outstanding shares without requiring shareholder action, eliminating fractional shares by issuing whole shares in lieu." datetime: "2026-07-14T15:35:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292684886.md) - [en](https://longbridge.com/en/news/292684886.md) - [zh-HK](https://longbridge.com/zh-HK/news/292684886.md) --- # 707 Cayman Holdings Effects a Share Consolidation on July 14, 2026 | JEM Stock News See more from StockTitan in Google Search and AI answers.Adds StockTitan as a preferred source · opens Google Add on Google 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 ### Related Stocks - [JEM.US](https://longbridge.com/en/quote/JEM.US.md) ## Related News & Research - [707 Cayman Holdings Unveils Weak Interim Results Amid Aggressive Recapitalization Moves](https://longbridge.com/en/news/295438800.md) - [707 Cayman Holdings files initial beneficial ownership statement naming HRT Financial LP as 10% owner](https://longbridge.com/en/news/292246963.md) - [RideNow Group Q2 revenue misses on store consolidation](https://longbridge.com/en/news/295575798.md) - [PPLA Participations completes 150-for-1 share consolidation of Class A and Class B stock](https://longbridge.com/en/news/295277889.md) - [Megan Holdings Calls August 21 EGM to Approve Share Consolidation and Capital Overhaul](https://longbridge.com/en/news/295584951.md)