Star Fashion Culture prices 12,000,000-share follow-on offering at $0.80 each, raising US$9.6 million gross

Bitget2026/09/28 20:01

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Star Fashion Culture Holdings closed a best-efforts follow-on public offering of 12,000,000 Class A ordinary shares.
Shares were sold at USD 0.80 each, implying gross proceeds of about USD 9.6 million.
Net proceeds earmarked for developing online marketing services, general administration, working capital.
Kingswood Capital Partners acted as placement agent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Star Fashion Culture Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609281600PRIMZONEFULLFEED9835285) on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Star Fashion Culture prices 12,000,000-share follow-on offering at $0.80 each, raising US$9.6 million gross

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