Majestic Ideal (MJID) Stock Price, News & Analysis

Company Overview

We are a holding company incorporated in the Cayman Islands with operations conducted by our PRC subsidiary New Brand, which is headquartered in Shanghai, the PRC. 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, 1002-1008 Tai Nan West Street, Cheung Sha Wan, Kowloon, Hong Kong. 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 agent for service of process in the United States is Cogency Global Inc., located at 122 East 42nd Street, 18th Floor New York, NY.

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MJID Stock Analysis - Frequently Asked Questions

When did Majestic Ideal IPO?

Majestic Ideal (MJID) raised $11 million in an initial public offering (IPO) on Thursday, July 11th 2024. The company issued 2,500,000 shares at $4.00-$5.00 per share. R.F. Lafferty & Co. and WestPark Capital acted as the underwriters for the IPO.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Manufacturing
• Industry: Apparel And Other Finished Products
• Sub-Industry: Apparel
• Current Symbol: NASDAQ:MJID
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• CIK: 1897532
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• Phone: 852 9710 8044
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