Research analysts covering 707 Cayman Holdings.
Recent press releases and 8-K filings for JEM.
707 Cayman Holdings Limited receives Nasdaq minimum bid price deficiency letter
JEM
Delisting/Listing Issues
- 707 Cayman Holdings Limited received a Nasdaq notification on October 17, 2025, for failing to meet the $1 per share minimum bid price requirement, based on its closing bid price from September 3, 2025, to October 16, 2025.
- The company has a 180-calendar day compliance period, until April 15, 2026, to regain compliance with Nasdaq's continued listing requirement.
- Failure to regain compliance could lead to delisting, although an additional 180-day extension may be granted if certain conditions are met.
- The company is evaluating options to regain compliance, and its shares will continue to trade under the symbol "JEM" without immediate delisting.
Oct 21, 2025, 8:10 PM
707 Cayman Holdings Ltd. Announces Unaudited Six-Month Financial Results
JEM
Earnings
Revenue Acceleration/Inflection
Accounting Changes
- 707 Cayman Holdings Ltd. reported a 19.89% increase in revenue, reaching HK$44.88 million (US$5.77 million) for the six months ended March 31, 2025, compared to the same period in 2024.
- Net income for the six months ended March 31, 2025, surged by 187.82% to HK$3.51 million (US$0.45 million), with basic and diluted earnings per share of $0.17.
- The company recorded net cash used in operating activities of HK$4.52 million (US$0.58 million) for the six months ended March 31, 2025, a notable increase from HK$0.49 million used in the prior year period.
- Accounts receivable increased by 132.55% to HK$17.33 million (US$2.23 million) as of March 31, 2025, compared to September 30, 2024.
- 707 Cayman Holdings Ltd. adopted ASU 2023-07 (Segment Reporting) retrospectively effective October 1, 2024, and ASU 2025-09 (Income Taxes) for the fiscal year ended September 30, 2024.
Sep 26, 2025, 1:55 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more