JM Group Ltd

JM Group Ltd (JMG) priced its initial public offering on Dec 11, 2025 at $4.00 per share, within its $4.00–$5.00 range, raising $15M, and listed on NYSE American. At the IPO price its market capitalization was about $79M. Prime Number was lead-left underwriter. Ogier, Robinson & Cole and Tian Yuan advised the company and Ye & Associates advised the underwriters.

JM Group Ltd is a Hong Kong-headquartered sourcing solutions provider that globally sources and wholesales products such as sports and outdoor items, toys, seasonal decor, electronics and clothing to retailers, distributors and wholesalers in Australia, Hong Kong, Mexico and the United States.

Status

IPO

Ticker

JMG

Exchange

NYSE American

Priced

Dec 11, 2025

IPO price

$4.00

Price range

$4.00–$5.00

Raised

$15M

Market cap at IPO price

$79M

First filed

Aug 13, 2025

Underwriters

Prime Number

Company counsel

Ogier, Robinson & Cole and Tian Yuan

Underwriters' counsel

Ye & Associates

Sector

Consumer

Country / state

Hong Kong

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.