Star Fashion Culture Holdings Limited Notified by Nasdaq Regarding Minimum Bid Price Requirement
XIAMEN, Oct. 21, 2025 — STAR FASHION CULTURE HOLDINGS LIMITED (NASDAQ: STFS), also referred to as the “Company” or “STFS,” disclosed today that it was informed by The Nasdaq Stock Market’s (“Nasdaq”) Listing Qualifications staff on October 6, 2025. The notification stated that, due to its closing bid price between August 20, 2025, and October 3, 2025, the Company is no longer in compliance with Nasdaq Listing Rules 5550(a)(2), which mandates a minimum bid price of $1 per share for continued listing.
Nasdaq has granted the Company a 180-calendar-day period, ending April 6, 2026, to rectify this non-compliance with its ongoing listing standards. Should the Company fail to meet compliance within this initial period, it might qualify for a further 180-calendar-day extension. This extension would be contingent upon the Company satisfying the continued listing requirements for the market value of its publicly traded shares and all other initial listing criteria for The Nasdaq Capital Market, excluding the bid price rule. Additionally, the Company would need to submit a written declaration of its intent to resolve the shortfall during this second period, potentially through a reverse stock split. Nevertheless, if the Company appears unable to remedy the deficiency or does not otherwise qualify, Nasdaq will issue a delisting notice for its securities.
The Company is presently exploring various strategies to restore compliance and plans to do so promptly with Nasdaq’s continued listing mandates. While the Company commits to employing all reasonable measures to adhere to Rule 5550(a)(2), there is no guarantee that it will successfully regain compliance with this specific rule or with other Nasdaq continued listing criteria.
About STAR FASHION CULTURE HOLDINGS LIMITED
STAR FASHION CULTURE HOLDINGS LIMITED (the “Company”) operates as a provider of content marketing solutions, dedicated to delivering a range of high-quality, diversified services. Our offerings primarily include (i) planning and executing marketing campaigns; (ii) providing offline advertising services; and (iii) delivering online precision marketing services. We help clients boost the efficacy of their marketing endeavors and elevate the value of their brands and products through our diverse service portfolio. The Company commenced its operations on August 11, 2015, via its operational subsidiary, Xiamen Star Fashion Culture Media Co., Ltd.
Safe Harbor Statement
This press release incorporates forward-looking statements. Furthermore, we or our representatives may periodically issue forward-looking statements verbally or in written form. These statements are formulated based on our current expectations and forecasts regarding future occurrences, drawing from available information. Forward-looking statements are distinguishable by their non-historical character, especially those employing terms like “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes,” or their negative or similar expressions. When assessing these forward-looking statements, several elements should be taken into account, including: our capacity to fulfill the closing conditions pertaining to the offering; our capacity to alter the Company’s strategic course; our capacity to adapt to technological advancements and evolving market demands; and the competitive landscape of our industry. Such factors, among others, could lead our actual outcomes to vary substantially from any forward-looking statement.
It is important to note that forward-looking statements are merely prognostications. The future-oriented events mentioned in this press release, along with other statements made by us or our representatives, might not materialize. Actual events and results could diverge significantly and are subject to inherent risks, uncertainties, and assumptions concerning our operations. We bear no obligation to publicly update or amend any forward-looking statement, irrespective of whether due to uncertainties, assumptions, or the possibility that the forward-looking events discussed herein or in other statements might not transpire.
For inquiries, please contact:
STAR FASHION CULTURE HOLDINGS LIMITED
12F, No.611, Sishui Road
Huli District,
Xiamen
People’s Republic of China
Tel: +86 13063138565
