Star Fashion Culture Holdings Limited Announces Closing of Approximately US$9,600,000 Public Offering of Class A Ordinary Shares
Star Fashion Culture Holdings closed a best-efforts follow-on offering of 12 million Class A ordinary shares at $0.80 per share on September 28, 2026. Gross proceeds are approximately $9.6 million before fees, earmarked for developing online marketing services, general administration, and working capital.
Key figures
- Deal Value Usd
- 9600000
- Offering Price
- 0.8
- Shares Offered
- 12000000
- Closing date
- September 28, 2026
- Offering type
- best-efforts follow-on public offering
AI analysis
Red flags3 · Pro
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