Star Fashion Culture Holdings Limited Announces Receipt of Nasdaq Minimum Bid Price Notification
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.
Star Fashion Culture Holdings (NASDAQ: STFS) ha ricevuto una lettera da Nasdaq il 6 ottobre 2025 che avvisa che la società non rispetta il requisito di $1 minimum bid ai sensi della Regola Nasdaq 5550(a)(2), basato sul prezzo di chiusura dal 20 agosto 2025 al 3 ottobre 2025. Nasdaq ha concesso un primo periodo di conformità di 180 giorni-calendario fino al 6 aprile 2026 per tornare in regola.
Se non si riesce a rimediare, la società potrebbe essere idonea per un secondo periodo di 180 giorni solo se soddisfa gli standard iniziali di listing relativi a valore di mercato e altri requisiti (eccetto il prezzo dell'offerta) e invia una comunicazione per effettuare un reverse stock split se necessario; altrimenti Nasdaq potrebbe emettere un avviso di delisting. La società sta valutando le opzioni e intende tentare di tornare in conformità ma non garantisce il successo.
Star Fashion Culture Holdings (NASDAQ: STFS) recibió una carta de Nasdaq el 6 de octubre de 2025 notificando que no cumple con el requisito de $1 minimum bid según la Regla 5550(a)(2) de Nasdaq, basado en la cotización de cierre desde el 20 de agosto de 2025 hasta el 3 de octubre de 2025. Nasdaq concedió un primer período de cumplimiento de 180 días calendario hasta el 6 de abril de 2026 para recuperar el cumplimiento.
Si no se subsana, la empresa podría ser elegible para un segundo periodo de 180 días solo si cumple con los estándares de listado inicial de valor de mercado y otros (excepto el precio de la oferta) y presenta un aviso para efectuar un split de acciones inverso si es necesario; de lo contrario Nasdaq podría emitir un aviso de deslistado. La empresa está evaluando opciones y tiene la intención de intentar volver a cumplir, pero no garantiza el éxito.
Star Fashion Culture Holdings (NASDAQ: STFS) 는 2025년 10월 6일 Nasdaq으로부터 회사가 $1 minimum bid 요건을 충족하지 못한다는 서한을 받았으며, 이는 2025년 8월 20일에서 2025년 10월 3일 사이의 종가에 근거합니다. Nasdaq은 180일 캘리던리 기간의 초기 준수 기간을 2026년 4월 6일까지 부여하여 준수를 회복할 수 있도록 했습니다.
해당 기간 내에 해결되지 않으면, 회사는 180일의 두 번째 기간에 자격이 있을 수 있는데, 이는 시가 및 기타 초기 상장 기준(매수 가격 제외)을 충족하고 필요한 경우 역평균주식분할을 실시하기 위한 공지를 제출하는 경우에 한정되며, 그렇지 않으면 Nasdaq은 상장폐지 통지를 발행할 수 있습니다. 회사는 옵션을 평가 중이며 준수 회복을 시도할 의도가 있지만 성공에 대한 보장을 내놓지 않습니다.
Star Fashion Culture Holdings (NASDAQ: STFS) a reçu une lettre de Nasdaq le 6 octobre 2025 l'informant qu'elle ne respecte pas l'exigence de $1 minimum bid selon la règle Nasdaq 5550(a)(2), basée sur le cours de clôture du 20 août 2025 au 3 octobre 2025. Nasdaq a accordé une période initiale de conformité de 180 jours calendaire jusqu'au 6 avril 2026 pour retrouver la conformité.
À défaut de remédier, la société pourrait être éligible à une deuxième période de 180 jours uniquement si elle respecte les normes initiales de cotation liées à la valeur de marché et d'autres critères (sauf le prix d'offre) et soumet un avis pour effectuer une scission inverse si nécessaire ; sinon Nasdaq pourrait émettre un avis de radiation. La société évalue ses options et a l'intention de tenter de revenir à la conformité mais n'a pas donné d'assurance de succès.
Star Fashion Culture Holdings (NASDAQ: STFS) erhielt am 6. Oktober 2025 ein Schreiben von Nasdaq, in dem mitgeteilt wird, dass das Unternehmen die $1 minimum bid-Anforderung gemäß Nasdaq-Regel 5550(a)(2) basierend auf dem Schlusskurs im Zeitraum vom 20. August 2025 bis zum 3. Oktober 2025 nicht erfüllt. Nasdaq gewährte eine anfängliche 180-Tage-Konformitätsfrist bis zum 6. April 2026, um die Konformität wiederherzustellen.
Wird dies nicht behoben, könnte das Unternehmen für eine zweite 180-tägige Frist nur dann in Frage kommen, wenn es die Marktwert- und andere anfängliche Börsenzulassungsstandards (außer dem Bid-Preis) erfüllt und eine Mitteilung einreicht, eine Umkehrsplit-Aktion durchzuführen, falls erforderlich; andernfalls Nasdaq könnte eine Delistingsmitteilung ausstellen. Das Unternehmen prüft Optionen und beabsichtigt, die Konformität wiederherzustellen, jedoch ohne Erfolgsgarantie.
Star Fashion Culture Holdings (NASDAQ: STFS) تلقّت رسالة من Nasdaq في 6 أكتوبر 2025 تُعلِم بأن الشركة لا تلتزم بمتطلب $1 minimum bid وفقاً للقاعدة 5550(a)(2) من Nasdaq، استناداً إلى سعر الإغلاق من 20 أغسطس 2025 إلى 3 أكتوبر 2025. منحت Nasdaq فترة امتثال أولية تبلغ 180 يوماً تقويمياً حتى 6 أبريل 2026 لاستعادة الامتثال.
إن لم يتم التصحيح، فإن الشركة قد تكون مؤهلة لفترة ثانية من 180 يوماً فقط إذا استوفت معايير الإدراج الأولية/قيمة السوق وغيرها (باستثناء سعر العرض) ورفعت إشعاراً لإجراء تقسيم عكسي للأسهم إذا لزم الأمر؛ وإلا قد تصدر Nasdaq إشعار إزالة الإدراج. تقيم الشركة الخيارات وتعتزم السعي لاستعادة الامتثال لكنها لم تقدم ضماناً للنجاح.
Star Fashion Culture Holdings (NASDAQ: STFS) 于 2025 年 10 月 6 日收到 Nasdaq 的信函，通知该公司未达到 $1 minimum bid 要求，根据 Nasdaq Rule 5550(a)(2)，基于 2025 年 8 月 20 日至 2025 年 10 月 3 日 的收盘价。 Nasdaq 授予初始的 180 天日历期，至 2026 年 4 月 6 日，以恢复合规。
如未纠正，该公司在符合市值及其他初始上市标准（不包括发行价）并在需要时提交执行反向股票拆分通知的情况下，可能有资格获得第二个 180 天 期限；否则 Nasdaq 可能发出退市通知。该公司正在评估选项并打算努力恢复合规，但未对成功作出保证。
- 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
- 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
Nasdaq notified Star Fashion Culture Holdings Limited of a minimum bid price deficiency and gave until
Star Fashion Culture Holdings Limited received a Nasdaq notice that its closing bid price failed to meet the
The immediate business mechanism is straightforward: the company must restore its share price above
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
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
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?
How long does STFS have to regain compliance with Nasdaq after the October 6, 2025 notice?
Can STFS get more time to cure the Nasdaq bid-price deficiency?
What remedies did STFS mention to regain Nasdaq compliance?
What happens if STFS cannot cure the Nasdaq deficiency by April 6, 2026?
Does STFS guarantee it will regain compliance with Nasdaq Rule 5550(a)(2)?
