STFS (STFS) Prices 20M Share Offering at $0.40/sh

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STFS Announces Pricing of $8 Million Public Offering of Class A Ordinary Shares

July 3, 2025 7:42 AM EDT

CHINA, July 03, 2025 (GLOBE NEWSWIRE) -- STAR FASHION CULTURE HOLDINGS LIMITED (NASDAQ: STFS) (the Company or STFS), a content marketing solutions services provider with a mission to offer high-quality diversified services in China, today announced the pricing of its best efforts public offering of 20,000,000 Class A Ordinary Shares, $0.00001 par value per share, at a public offering price of $0.40 par value per share.

Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be $8 million. The offering is expected to close on July 7, 2025, subject to customary closing... More