JM Group's NYSE American Debut: 3.75 Million Shares Priced at $4 Each

LiquidityHunter · 2025-12-26T05:42:12+00:00

JM Group Limited has completed its IPO at $4 per share, raising $15 million with 3.75 million shares. Trading started on December 10, 2025, under ticker JMG, with an over-allotment option for additional shares.

LiquidityHunter

2025-12-26 05:42:12

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JM Group Limited, the Hong Kong-based consumer products sourcing and wholesale solutions provider, has finalized its initial public offering at $4 per ordinary share. The transaction involves 3.75 million shares, generating gross proceeds of $15 million prior to underwriting expenses and related fees.

Trading commenced on December 10, 2025, on the NYSE American exchange under ticker JMG. The company’s shares are now available for public trading, with the offering closure scheduled for December 11, 2025.

Over-Allotment Option Details

As part of the standard IPO arrangement, the underwriting syndicate has received the right to acquire an additional 562,500 ordinary shares within a 45-day window from the offering’s completion date. These supplementary shares would be purchased at the same $4 offering price, minus applicable underwriting commissions, to address any over-subscription demand in the market.

This over-allotment provision is typical in IPO structures, allowing underwriters flexibility to meet investor demand while maintaining price stability during the initial trading period.

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