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Star Fashion Culture Holdings Limited (STFS) delivers innovative content marketing solutions through integrated campaign strategies. This news hub provides investors and marketing professionals with timely updates on the company's strategic initiatives and market positioning.
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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.
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.
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.