CHINA, July 03, 2025 – STAR FASHION CULTURE HOLDINGS LIMITED (NASDAQ: STFS), also referred to as “the Company” or “STFS,” which provides content marketing solutions and aims to deliver high-quality, diversified services in China, today disclosed the pricing for its best efforts public offering. The offering consists of 20,000,000 Class A Ordinary Shares, each with a par value of $0.00001, at a public offering price of $0.40 per share.
The total expected proceeds from the offering are $8 million, prior to accounting for placement agent fees and other associated expenses. The transaction is anticipated to finalize on July 7, 2025, pending the satisfaction of standard closing requirements.
WestPark Capital, Inc. served as the placement agent for this offering.
These securities were offered under an amended Form F-1 registration statement (File No. 333-287377), referred to as the “Registration Statement,” which the Securities and Exchange Commission (“SEC”) declared effective on July 1, 2025. The offering is exclusively being conducted through a prospectus, which forms part of the Registration Statement. A definitive prospectus for this offering will be submitted to the SEC. Interested parties can request copies from WestPark Capital, Inc., located at 1800 Century Park East, Suite 220, Los Angeles, CA 90067, or by calling +1 (310) 843-9300.
This press release does not constitute an offer to sell or a solicitation to buy any of the securities mentioned herein. Furthermore, no sale of these securities will occur in any state or jurisdiction where such an offer, solicitation, or sale would be illegal without prior registration or qualification under the securities laws of that state or jurisdiction.
About STAR FASHION CULTURE HOLDINGS LIMITED
STAR FASHION CULTURE HOLDINGS LIMITED, referred to as “the Company,” operates as a provider of content marketing solutions, dedicated to delivering high-quality and diverse services. Our service offerings include: (i) the development and execution of marketing campaigns; (ii) offline advertising services; and (iii) online precision marketing services. Through our comprehensive range of services, we help clients improve the efficacy of their marketing efforts and enhance the value of their brands and products. The Company commenced its operations on August 11, 2015, through its operational subsidiary, Xiamen Star Fashion Culture Media Co., Ltd.
Safe Harbor Statement
This press release includes forward-looking statements. Furthermore, the Company or its representatives may, at times, issue forward-looking statements verbally or in written form. These statements are formulated based on our current expectations and projections regarding future events, drawing from the information presently accessible to us. Forward-looking statements can be recognized by their non-historical nature, especially by the use of terms such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” “hopes,” or their negations or similar expressions. When assessing these forward-looking statements, it is important to consider several factors, including: the Company’s capacity to fulfill the closing conditions pertaining to the offering; its ability to adapt its strategic direction; its capability to keep abreast of technological advancements and evolving market demands; and the competitive landscape of its operations. These factors, among others, could cause our actual outcomes to diverge significantly from any forward-looking statement.
Forward-looking statements merely represent predictions. The future events discussed in this press release, as well as other statements periodically issued by us or our representatives, may not materialize. Actual events and results could vary substantially and are subject to inherent risks, uncertainties, and assumptions concerning the Company. We undertake no obligation to publicly update or amend any forward-looking statement, irrespective of whether the uncertainties and assumptions, or the forward-looking events outlined in this press release and other communications from us or our representatives, ultimately do not transpire.
For enquiries, please contact:
STAR FASHION CULTURE HOLDINGS LIMITED
12F, No.611, Sishui Road
Huli District,
Xiamen
People’s Republic of China
Tel: +86 13063138565