[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![razbag1 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::322114402.png) zakachop [@razbag1](/creator/twitter/razbag1) on x XX followers
Created: 2025-07-22 16:42:07 UTC

$mjid
qwe
ummary – Majestic Ideal Holdings Limited IPO Closing (July 22, 2025):

Majestic Ideal Holdings Limited (MJID) closed its initial public offering of XXX million shares at $XXXX each, raising $XX million in gross proceeds. The shares began trading on July 18, 2025, on Nasdaq under the symbol MJID.

Use of Proceeds:
Funds will support:
Raw material procurement

Customer base expansion

SCM (Supply Chain Management) capability upgrades

Eco-friendly and sustainable product development

General working capital

Underwriters:
Craft Capital Management, LLC and WestPark Capital, Inc., with a 45-day option to purchase up to XXXXXXX additional shares.

Legal Advisors:
Company: Loeb & Loeb LLP

Underwriters: Haneberg Hurlbert PLC

The offering was conducted under SEC Form F-1 and declared effective on June 30, 2025.


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947698683153420565/c:line.svg)

**Related Topics**
[nasdaq](/topic/nasdaq)
[stocks](/topic/stocks)
[primary market](/topic/primary-market)
[initial public](/topic/initial-public)
[ipo](/topic/ipo)
[$mjid](/topic/$mjid)

[Post Link](https://x.com/razbag1/status/1947698683153420565)