Majestic Ideal Holdings Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq
The Offering is expected to close on July 21, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds to procure raw materials used in textile and garment manufacturing, to broaden the customer base and develop new customers, to enhance efficiency and SCM service capabilities, to explore and introduce eco-friendly and sustainable raw materials and to broaden the sourcing chain and to fund general working capital needs.
In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 375,000 Ordinary Shares of the Company, at the Offering price, less underwriting discounts.
Craft Capital Management, LLC and WestPark Capital, Inc. are the representatives of the underwriters (the 'Underwriters') for the Offering.
Loeb & Loeb LLP is acting as U.S. legal counsel to the Company and Haneberg Hurlbert PLC is acting as legal counsel to the Underwriters for the Offering.
The Offering is being conducted pursuant to the Company's Registration Statement on Form F-1 (File No. 333- 282499) previously filed with, and subsequently declared effective by the U.S. Securities and Exchange Commission (the 'SEC') on June 30, 2025. The Offering is being made only by means of a prospectus. Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release are 'forward-looking statements' made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's current expectations or beliefs concerning future events and actual events may differ materially from current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including the strength of the economy, changes to the market for securities, political or financial instability and other factors which are set forth in the Company's Registration Statement on Form F-1 (File No. 333-282499), as amended, and in all filings with the SEC made by the Company subsequent to the filing thereof. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
About Majestic Ideal Holdings Limited
Majestic Ideal Holdings Limited is a provider of SCM services in the apparel industry delivering one-stop solution to its customers for a broad range of yarn products, textiles and finished garments. The company's 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 its integrated capabilities, the company provides end-to-end supply chain solutions that are tailored to meet its customers' unique needs.
Contacts
Majestic Ideal Holdings Limited Investor Relations Contact:
Majestic Ideal Holdings Limited 22/F, China United Plaza,1008, Tai Nan West Street,Cheung Sha Wan, Kowloon, Hong Kong(+852) 3915 2600
Email: [email protected]
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
Billionaires Are Buying a Popular AI Index Fund That Could Turn $500 Per Month Into $432,300
Key Points Three prominent billionaire money managers bought shares of the Invesco QQQ Trust in the first quarter. The Invesco QQQ Trust is heavily invested in technology stocks likely to benefit from artificial intelligence. The fund achieved a total return of 1,560% in the last two decades, compounding at 15% annually. 10 stocks we like better than Invesco QQQ Trust › Invest in Gold Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase American Hartford Gold: #1 Precious Metals Dealer in the Nation Thor Metals Group: Best Overall Gold IRA The Invesco QQQ Trust (NASDAQ: QQQ) is the fifth-most popular exchange-traded fund (ETF) worldwide as measured by assets under management. Several prominent billionaires added to their positions in the first quarter, as detailed below: Ken Griffin of Citadel Advisors added 2.2 million shares. The Invesco QQQ Trust now ranks as the third-largest position in the hedge fund, excluding options. Israel Englander of Millennium Management added 474,300 shares. The ETF now ranks among the 25 largest positions in the hedge fund, excluding options. Steven Cohen of Point72 Asset Management added 7,950 shares. The ETF remains a relatively small position in the hedge fund. Citadel, Millennium, and Point72 are three of the most profitable hedge funds in history as measured by net gains. That makes all three money managers good sources of inspiration, and individual investors should consider following their lead with this ETF. The Invesco QQQ Trust could turn $500 per month into $432,300 in 20 years. The Invesco QQQ Trust is heavily invested in technology companies likely to benefit from artificial intelligence The Invesco QQQ Trust measures the performance of the Nasdaq-100, an index that tracks the 100 largest nonfinancial companies listed on the Nasdaq Stock Exchange. The ETF has more than 60% of its assets invested in technology stocks, many of which are likely to benefit as the artificial intelligence (AI) revolution continues to unfold. The 10 largest holdings in the Invesco QQQ Trust are listed by weight below: Nvidia: 9.8% Microsoft: 8.7% Apple: 7.2% Amazon: 5.6% Broadcom: 5.3% Alphabet: 5% Meta Platforms: 3.5% Netflix: 2.8% Tesla 2.6% Costco Wholesale: 2.3% AI spending across hardware, software, and services is forecast to grow at 35.9% annually through 2030, according to Grand View Research. Several companies listed above should benefit. Amazon, Microsoft, and Alphabet are the three largest public cloud providers, meaning demand for AI infrastructure should be a tailwind. And Nvidia is the undisputed leader in data center GPUs, the most popular type of AI accelerator. Apple has introduced generative AI capabilities for iPhones. Meta Platforms is leaning on AI to increase user engagement across its social media platforms and improve outcomes for advertisers. Netflix recently started using generative AI to create content for movies and shows. Broadcom is the market leader in AI networking chips and custom AI accelerators, and Tesla recently launched an autonomous ride-hailing service. History says the Invesco QQQ Trust can turn $500 invested monthly into $432,300 in 20 years Excluding dividends, the Invesco QQQ Trust advanced 1,340% during the last two decades, which is equivalent to 14% annually. Including dividends, the index fund achieved a total return of 1,560%, compounding at 15% annually. I will assume a more modest return of 12% annually to introduce a margin of safety. At that pace, $500 invested monthly in the fund would be worth $105,200 in one decade and $432,300 in two decades. Some investors may prefer to save more or less each month, so the chart below shows how different contribution amounts would grow over time, assuming annual returns of 12%. Holding Period $200 Per Month $400 Per Month $600 Per Month 10 Years $42,100 $84,200 $126,300 20 Years $172,900 $345,800 $518,700 Returns were determined using the compound interest calculator. Investors need two more pieces of information. First, the Invesco QQQ Trust has been very volatile in the past due to its heavy exposure to technology stocks. The index fund fell more than 12% from its record high seven times in the last decade. Similar volatility is likely in the future. Second, the ETF has an expense ratio of 0.2%, meaning shareholders will pay $20 per year on every $10,000 invested. Comparatively, the average expense ratio on U.S. index funds and mutual funds was 0.34% in 2024. Should you buy stock in Invesco QQQ Trust right now? Before you buy stock in Invesco QQQ Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Invesco QQQ Trust wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $625,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,090,257!* Now, it's worth noting Stock Advisor's total average return is 1,036% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Trevor Jennewine has positions in Amazon, Nvidia, and Tesla. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Costco Wholesale, Meta Platforms, Microsoft, Netflix, Nvidia, and Tesla. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Billionaires Are Buying a Popular AI Index Fund That Could Turn $500 Per Month Into $432,300 was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
24 minutes ago
- Business Insider
RBC Capital Keeps Their Hold Rating on Sarepta Therapeutics (SRPT)
RBC Capital analyst Brian Abrahams maintained a Hold rating on Sarepta Therapeutics on July 31 and set a price target of $14.00. The company's shares closed yesterday at $15.91. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Abrahams is an analyst with an average return of -1.9% and a 43.69% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Sarepta Therapeutics, Vertex Pharmaceuticals, and Biogen. In addition to RBC Capital, Sarepta Therapeutics also received a Hold from TR | OpenAI – 4o's Dex Genotek in a report issued on July 30. However, on the same day, Citi maintained a Sell rating on Sarepta Therapeutics (NASDAQ: SRPT). Based on Sarepta Therapeutics' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $744.86 million and a GAAP net loss of $447.51 million. In comparison, last year the company earned a revenue of $413.46 million and had a net profit of $36.12 million
Yahoo
35 minutes ago
- Yahoo
RBC Capital Reduces PT on Charter Communications (CHTR) Stock
Charter Communications, Inc. (NASDAQ:CHTR) is one of the Best 52-Week Low Blue Chip Stocks to Buy Now. On July 28, RBC Capital reduced the price objective on the company's stock to $370 from $430, while keeping a 'Sector Perform' rating, as reported by The Fly. As per the firm's analyst, Charter Communications, Inc. (NASDAQ:CHTR)'s Q2 2025 EBITDA and broadband subscriber results were below estimates, while its FCF benefited due to the timing of cash taxes and lower capex. Furthermore, the firm added that it now anticipates poorer visibility in the subscriber trends and the probability of lower market share over the long term in competition against fiber and FWA providers. A line of cable boxes and modern televisions, representing the company's video services. However, Charter Communications, Inc. (NASDAQ:CHTR) expects that its strategic investments in network evolution and convergence, rural build, US-based service, and seamless entertainment innovation will ramp up future customer and revenue growth. In Q2 2025, the total video customers fell by 80,000 as compared to a fall of 408,000 in Q2 2024. The improvement was because of new and simplified pricing and packaging launched in September 2024. However, early benefits stemming from the inclusion of programmers' streaming applications in Spectrum's expanded basic packages also contributed. Burke Wealth Management, an investment management company, released its Q4 2024 investor letter. Here is what the fund said: 'Charter Communications, Inc. (NASDAQ:CHTR): Charter was a long-time holding for us that we sold in the first quarter of 2024 due to the uncertainty caused by the expiration of the Affordable Connectivity Program (ACP). ACP was a program in which the government paid broadband providers a $30 monthly stipend to connect low income consumers who qualified for the subsidy. This program was put in place during Covid in an effort to keep people connected who were suddenly forced to work or learn from home. I don't know whether it is more surprising that the program was still in place in early 2024 given that the pandemic has been over for several years or whether the ACP proved to be the one government subsidy that failed to attain permanent status. Either way, the ACP was allowed to expire in May and that meant that the broadband providers had to transition customers who had been receiving the subsidy into paying plans. For Comcast, this equated to ~1.4M customers on a base of 30M which meant that the practical impact of the ACP expiration was little more than the expiration of a major promotion. For Charter, which had over 5M of its roughly 30M subscribers receiving the subsidy, the risks were much greater. Further complicating matters is the fact that Charter targets a debt to EBITDA ratio in the 4.0x-4.5x range as part of its levered equity strategy. This is a great way to boost the returns of a business that targets EBITDA growth in the mid-single-digits but things can get dicey in a hurry should EBITDA begin to contract. Given the uncertainty surrounding the need to wean almost 20% of the subscriber base off of a subsidy that had been in place for several years, we concluded that the risk profile of Charter was no longer one that we could tolerate. When discussing the sale in our Q1-24 Investor Letter, we noted that we would continue to monitor Charter for repurchase should the ACP controversy resolve in an acceptable manner…' (Click here to read the full text) While we acknowledge the potential of CHTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
