Star Fashion Culture Holdings Ltd’s Quiet Period Will Expire on November 20th (NASDAQ:STFS)

Star Fashion Culture’s (NASDAQ:STFS) quiet period is set to expire on Wednesday, November 20th. Star Fashion Culture had issued 2,150,000 shares in its IPO on October 11th. The total size of the offering was $8,600,000 based on an initial share price of $4.00. During Star Fashion Culture’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Star Fashion Culture Trading Up 1.3 %

Star Fashion Culture stock opened at $3.85 on Wednesday. Star Fashion Culture has a twelve month low of $2.82 and a twelve month high of $4.43.

Star Fashion Culture Company Profile

Star Fashion Culture Holdings Limited provides content marketing solutions services in the People’s Republic of China. It offers marketing campaign planning and execution services; offline advertising services; and online precision marketing services. The company was founded in 2015 and is based in Xiamen, the People’s Republic of China.