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Star Fashion Culture Holdings Limited - STFS STOCK NEWS

Welcome to our dedicated page for Star Fashion Culture Holdings news (Ticker: STFS), a resource for investors and traders seeking the latest updates and insights on Star Fashion Culture Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Star Fashion Culture Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Star Fashion Culture Holdings's position in the market.

Rhea-AI Summary

WestPark Capital has announced the closing of an $8.6 million initial public offering for Star Fashion Culture Holdings . The offering consisted of 2,150,000 Class A Ordinary Shares priced at $4.00 per share. Trading of the shares began on the NASDAQ Capital Market on October 11, 2024, under the symbol 'STFS'.

The company has granted underwriters a 30-day option to purchase up to an additional 322,500 shares at the initial public offering price. WestPark Capital, Inc. served as the Manager/Book Runner for the offering. The offering is being conducted pursuant to the company's Registration Statement on Form F-1, which was declared effective by the SEC on September 30, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.31%
Tags
IPO
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Rhea-AI Summary

Star Fashion Culture Holdings has announced the closing of its initial public offering (IPO), raising $8.6 million from the sale of 2,150,000 Class A Ordinary Shares at $4.00 per share. The shares started trading on the NASDAQ Capital Market under the symbol STFS on October 11, 2024. The company has also granted underwriters a 30-day option to purchase an additional 322,500 shares at the IPO price. Cathay Securities and WestPark Capital served as the offering's representative and underwriter, respectively, with legal counsel from Loeb & Loeb LLP, Jingtian & Gongcheng, Ogier, and Haneberg Hurlbert PLC. The offering is conducted under the company's Registration Statement on Form F-1, declared effective by the SEC on September 30, 2024. Additional information and the final prospectus can be accessed via the SEC’s website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.12%
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Rhea-AI Summary

Star Fashion Culture Holdings has announced the pricing of its initial public offering (IPO) of 2,150,000 Class A Ordinary Shares at $4.00 per share. The company expects to raise $8.60 million in gross proceeds, before deducting underwriting discounts and commissions. Trading is set to begin on the Nasdaq Capital Market under the ticker symbol 'STFS' on October 11, 2024. The offering is expected to close on October 15, 2024, subject to customary conditions.

Star Fashion has granted underwriters a 30-day option to purchase up to an additional 322,500 shares. Cathay Securities is the representative for the offering, with WestPark Capital as an underwriter. The IPO is being conducted pursuant to the company's Registration Statement on Form F-1, which was declared effective by the SEC on September 30, 2024.

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Rhea-AI Sentiment
End-of-Day
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FAQ

What is the current stock price of Star Fashion Culture Holdings (STFS)?

The current stock price of Star Fashion Culture Holdings (STFS) is $0.969 as of February 28, 2025.

What is the market cap of Star Fashion Culture Holdings (STFS)?

The market cap of Star Fashion Culture Holdings (STFS) is approximately 10.9M.
Star Fashion Culture Holdings Limited

Nasdaq:STFS

STFS Rankings

STFS Stock Data

10.92M
2.60M
72.81%
0.13%
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