Star Fashion Culture Holdings Limited Announces Receipt of Nasdaq Minimum Bid Price Notification

Rhea-AI Summary

Star Fashion Culture Holdings (NASDAQ: STFS) received a Nasdaq letter on October 6, 2025 notifying the company it does not meet the $1 minimum bid requirement under Nasdaq Rule 5550(a)(2) based on the closing bid from August 20, 2025 to October 3, 2025. Nasdaq granted an initial 180-calendar day compliance period until April 6, 2026 to regain compliance.

If not cured, the company may be eligible for a second 180-day period only if it meets market-value and other initial listing standards (except bid price) and submits notice to effect a reverse stock split if needed; otherwise Nasdaq may issue a delisting notice. The company is evaluating options and intends to attempt to regain compliance but gave no assurance of success.

Positive

• Initial 180-day compliance window until April 6, 2026
• Potential additional 180-day cure period if market-value standards met
• Company intends to timely pursue options to regain compliance

Negative

• Does not meet Nasdaq $1 minimum bid requirement for Aug 20–Oct 3, 2025
• Nasdaq could issue a delisting notice if deficiency is not cured
• Possible reverse stock split may be required to regain compliance

Insights

Listing-compliance analyst

Nasdaq notified Star Fashion Culture Holdings Limited of a minimum bid price deficiency and gave until April 6, 2026 to regain compliance.

Star Fashion Culture Holdings Limited received a Nasdaq notice that its closing bid price failed to meet the $1 minimum under Nasdaq Listing Rule 5550(a)(2). Nasdaq granted an initial 180 calendar day cure period and described a possible second 180 day period conditional on meeting the market value and other initial listing standards except the bid price requirement, including written intent to effect a reverse stock split if needed.

The immediate business mechanism is straightforward: the company must restore its share price above $1 for the required measurement period or pursue structural actions such as a reverse stock split to meet Nasdaq standards. The main dependencies are the company’s ability to either move the market price within the compliance window or satisfy the alternative listing criteria referenced by Nasdaq.

Key risks include failure to regain the minimum bid price within the compliance windows and the potential for delisting if the company cannot or does not meet Nasdaq’s conditions. Watch for any announced corporate actions (for example, a reverse stock split) or updates before April 6, 2026 and any subsequent Nasdaq correspondence over the next 180–360 calendar days.

XIAMEN, Oct. 21, 2025 (GLOBE NEWSWIRE) -- STAR FASHION CULTURE HOLDINGS LIMITED (NASDAQ: STFS) (the “Company” or “STFS”) today announced that on October 6, 2025, STAR FASHION CULTURE HOLDINGS LIMITED (the “Company”) received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from August 20, 2025 to October 3, 2025, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.

Nasdaq has provided the Company with an 180 calendar days compliance period, or until April 6, 2026, in which to regain compliance with Nasdaq continued listing requirement. In the event that the Company does not regain compliance in the compliance period, the Company may be eligible for an additional 180 calendar days, should the Company meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and is able to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. However, if it appears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company’s securities will be subject to delisting.

The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirement.

About STAR FASHION CULTURE HOLDINGS LIMITED

STAR FASHION CULTURE HOLDINGS LIMITED (the “Company”) is a content marketing solutions services provider with a mission to offer high-quality diversified services. We offer services focusing on (i) marketing campaign planning and execution; (ii) offline advertising services; and (iii) online precision marketing services. We assist customers in enhancing the effectiveness of their marketing activities and the value of their brand and products through our variety of services offered. The Company first began operations in August 11, 2015 through its operating subsidiary, Xiamen Star Fashion Culture Media Co., Ltd.

Safe Harbor Statement

This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to satisfy the closing conditions related to the offering, our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

For enquiry, please contact:

STAR FASHION CULTURE HOLDINGS LIMITED

12F, No.611, Sishui Road

Huli District,

Xiamen

People’s Republic of China

Tel: +86 13063138565

FAQ

What Nasdaq action did Star Fashion Culture Holdings (STFS) receive on October 6, 2025?

Nasdaq notified STFS it failed to meet the $1 minimum bid requirement under Rule 5550(a)(2) based on Aug 20–Oct 3, 2025 closing bids.

How long does STFS have to regain compliance with Nasdaq after the October 6, 2025 notice?

STFS has an initial 180-calendar day compliance period ending on April 6, 2026 to regain compliance.

Can STFS get more time to cure the Nasdaq bid-price deficiency?

Yes — STFS may be eligible for a second 180-day period if it meets market-value and other initial listing standards except the bid-price requirement.

What remedies did STFS mention to regain Nasdaq compliance?

The company may consider measures including a reverse stock split and other options to regain the $1 minimum bid.

What happens if STFS cannot cure the Nasdaq deficiency by April 6, 2026?

If STFS cannot cure the deficiency and is not eligible for the second period, Nasdaq may provide notice that the company’s securities will be subject to delisting.

Does STFS guarantee it will regain compliance with Nasdaq Rule 5550(a)(2)?

No — STFS stated it intends to attempt to regain compliance but explicitly said there is no assurance it will be successful.