JM Group Ltd

20-F supplemental

424B4 priced

Price $4.00 · 3,750,000 shares · Gross proceeds $15,000,000

CERT inactive

8-A12B effective

EFFECT effective

F-1/A amended

Range $4.00 to $5.00 · 3,750,000 shares

JM Group Ltd, a British Virgin Islands holding company, is conducting an IPO of 3.75 million ordinary shares at an estimated price range of $4 to $5 per share. The offering is contingent on NYSE American approval, with operations conducted through its Hong Kong subsidiary. The filing highlights risks related to PRC regulatory actions, potential government intervention in Hong Kong, and uncertainties around compliance with Chinese laws, including cybersecurity and data privacy requirements. The company emphasizes its lack of direct operations in mainland China but acknowledges indirect risks due to its supply chain and regulatory environment.

F-1/A amended

JM Group Ltd, a British Virgin Islands holding company, is conducting an IPO of 3,750,000 ordinary shares at an estimated price range of $4-$5 per share. The filing emphasizes its structure as a holding company with operations through a Hong Kong subsidiary, JM Manufacturing HK. The company highlights risks related to PRC regulatory actions, potential government interference in Hong Kong, and uncertainties around its operational structure. The current filing (Amendment No. 3) focuses on updating exhibits and the exhibit index without substantive changes to the registration statement.

F-1/A amended

Range $4.00 to $5.00 · 3,750,000 shares

JM Group Ltd, a British Virgin Islands holding company, is conducting a firm commitment IPO of 3,750,000 ordinary shares at an expected price range of $4-$5 per share. The offering is contingent on NYSE American approval, with shares to be listed under symbol 'JMG'. The company operates through its Hong Kong subsidiary, JM Manufacturing HK, with all revenue generated from Hong Kong. Significant risks include PRC regulatory actions, potential government interventions in Hong Kong, and uncertainties around compliance with mainland China's legal frameworks.

F-1/A amended

Range $4.00 to $5.00 · 3,750,000 shares

JM Group Ltd, a British Virgin Islands holding company, is conducting a firm commitment IPO of 3.75 million ordinary shares at an estimated price range of $4-$5 per share. The offering is contingent on NYSE American listing approval, with operations conducted through its Hong Kong subsidiary, JM Manufacturing HK. The company emphasizes it has no operations in mainland China but faces regulatory risks due to PRC's long-arm provisions and potential interventions, including compliance with Chinese securities regulations and uncertainties around overseas listings.

F-1 filed

Range $4.00 to $5.00 · 3,750,000 shares

JM Group Ltd, a British Virgin Islands holding company, is conducting an IPO of 3,750,000 ordinary shares at an estimated price of $4-$5 per share. The offering is contingent on NYSE American approval, with proceeds intended for general corporate purposes. The company operates through its Hong Kong subsidiary, JM Manufacturing HK, and emphasizes it has no direct operations in mainland China, though suppliers are located there. Risks include regulatory uncertainties related to PRC and Hong Kong political dynamics, potential restrictions on capital flows, and compliance with evolving PRC laws.

DRS/A amended

JM Group Ltd, a British Virgin Islands holding company, is conducting a firm commitment initial public offering of ordinary shares, with the listing contingent on Nasdaq's approval. The company operates through its Hong Kong subsidiary, JM Manufacturing HK, and generates revenue solely from Hong Kong. The filing highlights risks related to PRC regulatory actions, Hong Kong's legal environment, and uncertainties around compliance with Chinese securities laws.

DRS/A amended

JM Group Ltd, a British Virgin Islands holding company, is conducting a firm commitment IPO of ordinary shares on the Nasdaq Capital Market. The offering is contingent on Nasdaq approval, with an estimated price range of $[•] to $[•] per share. The company operates through its Hong Kong subsidiary, JM Manufacturing HK, and asserts it is not subject to direct PRC regulatory influence. However, it highlights risks related to PRC government actions, Hong Kong's autonomy, and potential regulatory changes affecting its operations and listing.

DRS/A amended

JM Group Ltd's DRS/A filing outlines its initial public offering (IPO) of ordinary shares, emphasizing its structure as a British Virgin Islands (BVI) holding company with operations in Hong Kong. The offering is contingent on Nasdaq approval, and the company highlights risks related to PRC regulatory actions, Hong Kong's political environment, and potential compliance obligations. The filing also details the controlled company status under Nasdaq rules due to significant shareholder control by CEO Mr. Chun Kwok Stanley Ting.

DRS filed

JM Group Ltd, a British Virgin Islands holding company, has filed a draft registration statement (Form F-1) for an initial public offering (IPO) of ordinary shares. The offering is contingent on Nasdaq's approval for listing, with an estimated price range of $[•] to $[•] per share. The company operates through its Hong Kong subsidiary, JM Manufacturing HK, and emphasizes it has no direct operations in mainland China. The filing highlights risks related to PRC government intervention in Hong Kong, regulatory uncertainties, and the company's status as a 'controlled company' under Nasdaq rules.