JM Group Limited Sets Price for Initial Public Offering
HONG KONG, Dec. 09, 2025 — JM Group Limited (the “Company” or “JMG”), a provider of sourcing and wholesale solutions for a wide range of consumer products based in Hong Kong, today announced that it has priced its initial public offering (the “Offering”). The Company is offering 3,750,000 ordinary shares (the “Ordinary Shares”) at a price of $4.00 per share, aiming for total gross proceeds of $15 million before underwriting discounts and offering expenses are deducted.
The Company’s Ordinary Shares have received approval for listing on the NYSE American and are scheduled to begin trading on December 10, 2025, under the ticker symbol “JMG”. The Offering is anticipated to be completed on December 11, 2025, provided that standard closing conditions are met.
A 45-day option has been granted to the underwriters, starting from the Offering’s closing date, allowing them to buy up to an additional 562,500 Ordinary Shares at the initial public offering price, minus underwriting discounts, to cover any over-allotments.
This Offering is being executed on a firm commitment basis. Webull Financial LLC is serving as the lead manager, with Prime Number Capital, LLC acting as the co-manager (together, the “Underwriters”). Robinson & Cole LLP is providing U.S. securities counsel to the Company, and Ye & Associates, P.C. is acting as U.S. counsel to the Underwriters for the Offering.
An amended registration statement on Form F-1 (File No. 333-289556) for the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective on December 9, 2025 (the “Effective F-1”). The securities are being offered solely through a prospectus that is part of the Effective F-1. The final prospectus can be acquired from Webull Financial LLC at 44 Wall Street, 2nd Floor, New York, NY 10005, by phone at +1 (888) 828-0618 or by email, or from Prime Number Capital, LLC at 12 E. 49th Street, Tower 49, 27th Floor, New York, NY 10017, by phone at +1 (516)717-5671 or by email. The prospectus is also accessible on the SEC’s website at .
Potential investors are advised to review the prospectus and other documents filed or to be filed with the SEC for complete information about the Company and the Offering. This announcement is not an offer to sell or a solicitation of an offer to buy these securities, nor shall any sale occur in any jurisdiction where such an offer, solicitation, or sale would be unlawful prior to registration or qualification under its securities laws.
About JM Group Limited
JM Group Limited is a Hong Kong-based sourcing solutions provider focused on enabling better consumer lifestyle choices. Since its establishment in 2016, the Company has been involved in the global sourcing and wholesaling of a diverse portfolio of consumer products, including sporting goods, toys and games, seasonal decorations and party supplies, electronics, home and tools, school and art supplies, apparel, and personal care items. Further information is available at: .
Forward-Looking Statement
This press release includes statements that are forward-looking. These statements, which are not historical facts, pertain to plans, objectives, goals, strategies, future events or performance, and underlying assumptions. The use of terms like “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar phrases indicates a forward-looking statement. Such statements include, but are not limited to, the Company’s expectations regarding the commencement of trading on the NYSE American and the closing of the Offering. These statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual outcomes to differ significantly from expectations. These risks and uncertainties include, among others, market conditions and the potential that the initial public offering may not be completed as planned or at all, as detailed in the “Risk Factors” section of the SEC registration statement. Investors are cautioned against relying excessively on these forward-looking statements. The Company’s SEC filings, available at www.sec.gov, discuss additional factors. The Company does not commit to updating these statements to reflect subsequent events or circumstances.
For more information, please contact:
Underwriter
Webull Financial LLC
200 Carillon Parkway, St. Petersburg, FL 33716
Issuer
JM Group Limited
Unit 812, 8/F, Harbour Center Tower 1,
1 Hok Cheung Street, Hung Hom, Kowloon, Hong Kong
Investor Relations
WFS Investor Relations Inc.
