Star Fashion Culture Holdings Limited Announces Closing of Approximately US$9,600,000 Public Offering of Class A Ordinary Shares
Star Fashion Culture Holdings Limited announced the closing of its best-efforts follow-on public offering on September 28, 2026, of 12,000,000 Class A ordinary shares at a public offering price of $0.80 per share, raising approximately US$9,600,000.
Why it matters — STFS watchers would care because the company has completed a capital raise through a public offering of new shares, affecting its share count and cash position.