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

Star Fashion Culture’s (NASDAQ:STFS) quiet period is set to end 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 the company’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Star Fashion Culture Price Performance

STFS stock opened at $4.17 on Friday. Star Fashion Culture has a 1 year low of $2.82 and a 1 year high of $4.52.

About Star Fashion Culture

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.