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Majestic Ideal Holdings Ltd (MJID)


Company Overview

Proposed Symbol MJID
Company Name Majestic Ideal Holdings Ltd
Exchange NASDAQ Capital
Share Price $6.00
Employees 7 (as of 09/30/2024)
Status Priced
Shares Offered 2,500,000
Offer amount $15,000,000
Shares Over Alloted
Company Address 22/F, CHINA UNITED PLAZA 1002-1008 TAI NAN WEST STREET CHEUNG SHA WAN, KOWLOON 0000
Company Phone 852 9710 8044
Company Website www.newbrandcashmere.com
CEO Suqin Li
State of Inc
Fiscal Year End 12-31
Total Offering Expense $1,636,109.00
Shareholder Shares Offered
Shares Outstanding 20,500,000
Lockup Period (days) 180
Lockup Expiration 2026-01-14 00:00:00
Quiet Period Expiration 2025-08-27 00:00:00
CIK 0001897532
DealId 1256286-111650

Company Description

We are a holding company incorporated in the Cayman Islands with operations conducted by our PRC subsidiary New Brand, which is headquartered in Hong Kong. We are a provider of SCM services in the apparel industry delivering a one-stop solution to our customers for a broad range of yarn products, textiles and finished garments. Our service offerings encompass every key aspect of the supply chain of these products: market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. Through our integrated capabilities, we provide end-to-end supply chain solutions that are tailored to meet our customers’ unique needs. --- Our principal offices are located at 22/F, China United Plaza, 1008 Tai Nan West Street, Cheung Sha Wan, Kowloon, Hong Kong and our telephone number is +852 3915 2600. Our registered office in the Cayman Islands is located at the Conyers Trust Company (Cayman) Limited, Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands. Our website is newbrandcashmere.com. Our agent for service of process in the United States is Cogency Global Inc., located at 122 East 42nd Street, 18th Floor New York, NY 10168.