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Cayman Stock Climbs After IPO Closes","url":"https://stock-news.laohu8.com/highlight/detail?id=2542453375","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542453375?lang=en_us&edition=fundamental","pubTime":"2025-06-11 22:55","pubTimestamp":1749653700,"startTime":"0","endTime":"0","summary":"Shares of 707 Cayman Holdings jumped in its first trading day after the company closed its initial public offering.The stock was up 15% at $4.62 in the morning trading session.The Hong Kong-based apparel seller said Tuesday afternoon that it has closed the offering of 2.5 million shares at $4 apiece for gross proceeds of $10 million, before underwriting discounts and offering expenses.70 Cayman sold 1.75 million of those shares, while selling shareholders sold another 750,000.The company said it received $5.2 million of net proceeds, which will be used for potential brand acquisitions or licensing, branding and marketing, hiring additional staff, 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The sharp decline comes on the heels of the company's initial public offering  pricing announcement.Earlier in the day, 707 Cayman Holdings Limited revealed that it had priced its IPO at $4.00 per share, with the total offering amounting to $10.0 million. This pricing decision appears to have sparked a negative reaction among invest","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["JEM"],"gpt_icon":0},{"id":"1103093657","title":"Stock Track | 707 Cayman Holding Limited (JEM) Plummets 11% Following $10 Million IPO Pricing","url":"https://stock-news.laohu8.com/highlight/detail?id=1103093657","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1103093657?lang=en_us&edition=fundamental","pubTime":"2025-06-10 00:22","pubTimestamp":1749486143,"startTime":"0","endTime":"0","summary":"707 Cayman Holding Limited  saw its stock price plummet by 11.00% during Monday's trading session, following the announcement of its initial public offering  pricing. The significant drop comes as investors react to the terms of the company's market debut.Earlier in the day, 707 Cayman Holdings Limited revealed that it had priced its IPO at $4.00 per share, aiming to raise $10.0 million. 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