707 Cayman (Nasdaq: JEM) plans 20-for-1 share consolidation for Nasdaq rule

Rhea-AI Filing Summary

707 Cayman Holdings Limited is implementing a 20-for-1 share consolidation approved by its board on March 4, 2026, with a marketplace effective date of April 13, 2026. The goal is to help the company regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its Nasdaq listing.

From the start of trading on April 13, 2026, the Class A ordinary shares will trade on a split-adjusted basis on the Nasdaq Capital Market under the same symbol “JEM” but with a new CUSIP number G8071C111. Every 20 ordinary shares will automatically combine into one share, reducing issued and outstanding Class A shares from 28,219,360 to approximately 1,410,968 and Class B shares from 7,806,000 to 390,300, with rounding adjustments and no fractional shares issued.

Insights

Equity structure and listing specialist

707 Cayman is consolidating shares 20-for-1 to support Nasdaq listing compliance.

707 Cayman Holdings approved a 20-for-1 share consolidation, effective on the market from April 13, 2026. This reduces the number of Class A shares from 28,219,360 to about 1,410,968 and Class B shares from 7,806,000 to 390,300 while keeping overall ownership proportions unchanged.

The stated objective is to regain compliance with Nasdaq Marketplace Rule 5550(a)(2), which relates to minimum bid price, and thereby maintain the Nasdaq listing. Such actions change the share count and likely share price per share, but do not by themselves alter the company’s underlying business, cash flows, or total equity value.

Investors may focus on how trading in the split-adjusted Class A ordinary shares under symbol “JEM” and new CUSIP G8071C111 evolves after April 13, 2026, and whether the consolidation successfully supports continued compliance with Nasdaq listing requirements.

Key Figures

Share consolidation ratio: 20-for-1 Class A shares before consolidation: 28,219,360 shares Class A shares after consolidation: Approximately 1,410,968 shares +4 more

7 metrics

Share consolidation ratio 20-for-1 Board-approved share consolidation effective April 13, 2026

Class A shares before consolidation 28,219,360 shares Issued and outstanding prior to consolidation

Class A shares after consolidation Approximately 1,410,968 shares Issued and outstanding after 20-for-1 consolidation

Class B shares before consolidation 7,806,000 shares Issued and outstanding prior to consolidation

Class B shares after consolidation 390,300 shares Issued and outstanding after 20-for-1 consolidation

Effective trading date April 13, 2026 Date split-adjusted trading begins on Nasdaq

New CUSIP number G8071C111 CUSIP for Class A ordinary shares post-consolidation

Key Terms

share consolidation, Nasdaq Marketplace Rule 5550(a)(2), split-adjusted basis, CUSIP number, +1 more

5 terms

share consolidation financial

"707 Cayman Holdings to Effect Share Consolidation on April 13, 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

"The objective of the share consolidation is to enable the Company to regain 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 will trade 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.

CUSIP number financial

"under the same symbol “JEM” but under a new CUSIP number, G8071C111"

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.

ordinary shares financial

"each 20 ordinary shares outstanding will automatically combine and convert to one issued and outstanding ordinary share"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

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FAQ

What share consolidation is 707 Cayman Holdings (JEM) implementing?

707 Cayman Holdings is implementing a 20-for-1 share consolidation. Every 20 ordinary shares will automatically combine into one issued and outstanding ordinary share, reducing the total share count while keeping each shareholder’s proportional ownership the same, aside from rounding adjustments and fractional share handling.

When does 707 Cayman Holdings’ 20-for-1 share consolidation take effect?

The share consolidation becomes effective for trading on April 13, 2026. From the opening of that trading day, 707 Cayman’s Class A ordinary shares will trade on a split-adjusted basis on the Nasdaq Capital Market, reflecting the new, reduced number of shares outstanding after consolidation.

How will 707 Cayman Holdings’ share consolidation affect Class A and Class B share counts?

After the 20-for-1 consolidation, Class A ordinary shares will decline from 28,219,360 to approximately 1,410,968. Class B ordinary shares will decrease from 7,806,000 to 390,300, subject to rounding adjustments, while maintaining the relative ownership structure between classes overall.

Why is 707 Cayman Holdings consolidating its shares at a 20-for-1 ratio?

The company states that the objective of the 20-for-1 share consolidation is to enable it to regain compliance with Nasdaq Marketplace Rule 5550(a)(2). This rule involves continued listing standards, and the consolidation is intended to help maintain 707 Cayman’s listing status on the Nasdaq Capital Market.

Will 707 Cayman Holdings issue fractional shares in the consolidation?

No, 707 Cayman Holdings will not issue fractional shares in the share consolidation. Each shareholder will instead be entitled to receive one share of the company in place of any fractional share of a given class that would otherwise have resulted from applying the 20-for-1 consolidation ratio.

Does the Nasdaq ticker symbol for 707 Cayman Holdings change after the consolidation?

The Nasdaq ticker symbol for 707 Cayman Holdings will remain “JEM” after the share consolidation. However, the Class A ordinary shares will begin trading on a split-adjusted basis under a new CUSIP number, G8071C111, effective with the start of trading on April 13, 2026.

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 April 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 to Effect Share Consolidation on April 13, 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: April 9, 2026	By	/s/ Cheung Lui
		Cheung Lui
		Chief Executive Officer

3

Exhibit 99.1

707 Cayman Holdings to Effect Share Consolidation on April 13, 2026

HONG KONG, April 9, 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 Company’s board of directors approved on March 4, 2026 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, 2026.

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, 2026, 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.

As a result of the share consolidation, each 20 ordinary shares outstanding will automatically combine and convert 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 will be correspondingly reduced from 28,219,360 Class A Ordinary Shares to approximately 1,410,968 Class A Ordinary Shares and 7,806,000 Class B Ordinary Shares to 390,300 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

Press Releases

• EX-99.1 EX-99.1 7.2 KB