Star Fashion Culture Holdings Limited Announces Pricing of $8.60 Million Initial Public Offering

Quick Summary:

The Offering is expected to close on October 15, 2024, subject to customary closing conditions.Cathay Securities, Inc.("Cathay") is the representative for the offering, and  WestPark Capital, Inc.("Westpark"） is an underwriter for the offering. Loeb & Loeb LLP, Jingtian & Gongcheng and Ogier are acting as U.S., China, and Cayman Islands legal counsels to the Company, respectively, and Haneberg Hurlbert PLC is acting as U.S.legal counsel to Cathay for the Offering.

Xiamen, China, Oct.11, 2024 (GLOBE NEWSWIRE) -- Star Fashion Culture Holdings Limited ("Star Fashion" or the "Company") today announced the pricing on October 10, 2024 of its initial public offering of an aggregate of 2,150,000 shares of its Class A Ordinary Shares ("the Offering").

In addition, the Company has granted the Underwriters a 30-day option to purchase up to an additional 322,500 shares of its Class A Ordinary Shares at the initial public offering price ("the Over-allotment"), less underwriting discounts and commissions.

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Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets: United StatesCayman IslandsChina

Topics: Press Releases News STFS IPOs

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Published On: 2024-10-11 @ 15:15:00 (13 hours ago)

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News Source URL: benzinga.com

Language: English

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