{"id":921405,"date":"2025-12-19T07:21:51","date_gmt":"2025-12-19T12:21:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/"},"modified":"2025-12-19T07:21:51","modified_gmt":"2025-12-19T12:21:51","slug":"cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/","title":{"rendered":"Cheer Holding Announces Share Consolidation of Class A Ordinary Shares"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <i>Class A Ordinary Shares Will Begin Trading on a Post-Consolidation Adjusted Basis on<br \/>December 23, 2025<\/i>\n      <\/p>\n<p>BEIJING, Dec.  19, 2025  (GLOBE NEWSWIRE) &#8212;  Cheer Holding, Inc. (NASDAQ: CHR) (\u201cCheer Holding,\u201d \u201cwe\u201d or the \u201cCompany\u201d), a leading provider of next-generation mobile internet infrastructure and platform services, today announced that it intends to effect a share consolidation of its ordinary shares at a ratio of 1 post-split Class A ordinary share for every 50 pre-split ordinary shares (the \u201cShare Consolidation\u201d) so that every fifty (50) shares issued and outstanding will be combined into one (1) share. The Share Consolidation will become effective at 4:05 p.m. (New York time) on December 22, 2025 (the \u201cEffective Time\u201d).\u00a0<\/p>\n<p align=\"justify\">The Company\u2019s Class A ordinary shares will continue to be traded on the Nasdaq Capital Market (\u201cNasdaq\u201d) under the symbol \u201cCHR\u201d and will begin trading on a post-consolidation adjusted basis when the market opens on Tuesday, December 23, 2025. The CUSIP number for the Company\u2019s Class A ordinary shares following the Share Consolidation will be G29973121.<\/p>\n<p align=\"justify\">As a result of the share consolidation the number of issued and outstanding Class A ordinary shares of the Company will be reduced from 234,309,902 pre-consolidation Class A ordinary shares to approximately 4,686,199 post-consolidation Class A ordinary shares, subject to adjustments for rounding. \u00a0Outstanding warrants and other outstanding equity rights will be proportionately adjusted to reflect the Share Consolidation. No fractional shares will be issued as a result of the Share Consolidation. Instead, any fractional shares that would have resulted from the Share Consolidation will be rounded up to the next whole number. Upon the effectiveness of the Share Consolidation, the Company\u2019s authorized share capital became US$500,700 divided into 10,000,000 Class A ordinary shares of a par value of US$0.05 each; 500,000 Class B ordinary shares of a par value of US$0.001 each; and 2,000,000 preferred shares of a par value of US$0.0001 each.<\/p>\n<p align=\"justify\">The Share Consolidation is primarily intended to increase the Company\u2019s per share trading price in order to maintain its listing on Nasdaq. As previously disclosed, on November 19, 2025, the Company received a notification letter from the Listing Qualifications Department of Nasdaq notifying the Company that the Staff has determined to delist the Company\u2019s common stock from the Nasdaq Capital Market as a result of its common stock closing at a price of $0.10 or below for ten consecutive trading days. The Company appealed the determination and has a hearing scheduled for January 13, 2026. Although no guarantees can be offered, the Company believes that this Share Consolidation will allow it to regain compliance with the Nasdaq continued listing requirements and will enable the Company to maintain its Nasdaq listing.<\/p>\n<p align=\"justify\">Shareholders holding their shares in book-entry form or in \u201cstreet name\u201d (through a broker, bank or other holder of record) will have their shares automatically adjusted to reflect the Share Consolidation. Shareholders of record may direct questions concerning the Share Consolidation\u00a0to the Company\u2019s transfer agent, Continental Stock Transfer &amp; Trust Company.<\/p>\n<p align=\"justify\">\n        <b>About\u00a0Cheer Holding, Inc.<\/b>\n      <\/p>\n<p align=\"justify\">As a preeminent provider of next-generation mobile internet infrastructure and platform services in China, Cheer Holding is dedicated to building a digital ecosystem that integrates \u201cplatforms, applications, technology, and industry\u201d into a cohesive digital eco-system, thereby creating a new, open business environment for web3.0 that leverages AI technology. The Company is developing a 5G+VR+AR+AI shared universe space that builds on cutting-edge technologies including blockchain, cloud computing, extended reality, and digital twin.<\/p>\n<p align=\"justify\">Cheer Holding\u2019s portfolio includes a wide range of products and services, such as CHEERS Telepathy, CHEERS Video, CHEERS e-Mall, CHEERS Open Data, CheerReal, CheerCar, CheerChat, Polaris Intelligent Cloud, AI-animated short drama series, short video matrix, variety show series, Livestreaming, and more. These offerings provide diverse application scenarios that seamlessly blend \u201conline\/offline\u201d and \u201cvirtual\/reality\u201d elements.<\/p>\n<p align=\"justify\">With \u201cCHEERS+\u201d at the core of Cheer Holding\u2019s digital ecosystem, the Company is committed to utilizing innovative product applications and technologies to drive its long-term sustainable and scalable growth.<\/p>\n<p>\n        <b>Safe Harbor Statement<\/b>\n      <\/p>\n<p align=\"justify\">Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as \u201cmay,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201caim,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201cis\/are likely to\u201d or other similar expressions. These forward-looking statements include, but are not limited to, that the Share Consolidation will enable the Company to meet the minimum bid price requirement under the Nasdaq continued listing standards, or that the Company will be able to continue to have its Class A ordinary shares listed on The Nasdaq Capital Market. The Company is subject to a number of risks and uncertainties set forth in documents filed by the Company with the Securities and Exchange Commission from time to time, including the Company\u2019s latest Annual Report on Form 20-F filed with the SEC on March 10, 2025. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.<\/p>\n<p>For investor and media inquiries, please contact:<\/p>\n<p>Wealth Financial Services LLC<br \/>Connie Kang, Partner<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=q1H_ZfDUFf93EoIqPtwDO_WoBvjcEiFYKYo2oTsb5Nh0nxjxpny6HgEcPbNWQWt8kR-G91eagSpY1odeZw8QMh2Dq2rHk4Ld4H7-7I1G4bI=\" rel=\"nofollow\" target=\"_blank\">ckang@wealthfsllc.com<\/a>\u00a0<br \/>Tel: +86 1381 185 7742 (CN)<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYwNDIyNyM3MzI4MDExIzUwMDA1MDQ3OQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NWEyM2VhMzUtZjAwMS00Zjc1LTg4ZjgtMGQ2NjQ5ZTc2YzZlLTUwMDA1MDQ3OS0yMDI1LTEyLTE5LWVu\/tiny\/Cheer-Holding-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Class A Ordinary Shares Will Begin Trading on a Post-Consolidation Adjusted Basis onDecember 23, 2025 BEIJING, Dec. 19, 2025 (GLOBE NEWSWIRE) &#8212; Cheer Holding, Inc. (NASDAQ: CHR) (\u201cCheer Holding,\u201d \u201cwe\u201d or the \u201cCompany\u201d), a leading provider of next-generation mobile internet infrastructure and platform services, today announced that it intends to effect a share consolidation of its ordinary shares at a ratio of 1 post-split Class A ordinary share for every 50 pre-split ordinary shares (the \u201cShare Consolidation\u201d) so that every fifty (50) shares issued and outstanding will be combined into one (1) share. The Share Consolidation will become effective at 4:05 p.m. (New York time) on December 22, 2025 (the \u201cEffective Time\u201d).\u00a0 The Company\u2019s Class A ordinary shares will continue &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cheer Holding Announces Share Consolidation of Class A Ordinary Shares&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-921405","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cheer Holding Announces Share Consolidation of Class A Ordinary Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cheer Holding Announces Share Consolidation of Class A Ordinary Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Class A Ordinary Shares Will Begin Trading on a Post-Consolidation Adjusted Basis onDecember 23, 2025 BEIJING, Dec. 19, 2025 (GLOBE NEWSWIRE) &#8212; Cheer Holding, Inc. (NASDAQ: CHR) (\u201cCheer Holding,\u201d \u201cwe\u201d or the \u201cCompany\u201d), a leading provider of next-generation mobile internet infrastructure and platform services, today announced that it intends to effect a share consolidation of its ordinary shares at a ratio of 1 post-split Class A ordinary share for every 50 pre-split ordinary shares (the \u201cShare Consolidation\u201d) so that every fifty (50) shares issued and outstanding will be combined into one (1) share. The Share Consolidation will become effective at 4:05 p.m. (New York time) on December 22, 2025 (the \u201cEffective Time\u201d).\u00a0 The Company\u2019s Class A ordinary shares will continue &hellip; Continue reading &quot;Cheer Holding Announces Share Consolidation of Class A Ordinary Shares&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-19T12:21:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYwNDIyNyM3MzI4MDExIzUwMDA1MDQ3OQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cheer Holding Announces Share Consolidation of Class A Ordinary Shares\",\"datePublished\":\"2025-12-19T12:21:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\\\/\"},\"wordCount\":891,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTYwNDIyNyM3MzI4MDExIzUwMDA1MDQ3OQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\\\/\",\"name\":\"Cheer Holding Announces Share Consolidation of Class A Ordinary Shares - 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(NASDAQ: CHR) (\u201cCheer Holding,\u201d \u201cwe\u201d or the \u201cCompany\u201d), a leading provider of next-generation mobile internet infrastructure and platform services, today announced that it intends to effect a share consolidation of its ordinary shares at a ratio of 1 post-split Class A ordinary share for every 50 pre-split ordinary shares (the \u201cShare Consolidation\u201d) so that every fifty (50) shares issued and outstanding will be combined into one (1) share. The Share Consolidation will become effective at 4:05 p.m. (New York time) on December 22, 2025 (the \u201cEffective Time\u201d).\u00a0 The Company\u2019s Class A ordinary shares will continue &hellip; Continue reading \"Cheer Holding Announces Share Consolidation of Class A Ordinary Shares\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/","og_site_name":"Market Newsdesk","article_published_time":"2025-12-19T12:21:51+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYwNDIyNyM3MzI4MDExIzUwMDA1MDQ3OQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Cheer Holding Announces Share Consolidation of Class A Ordinary Shares","datePublished":"2025-12-19T12:21:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/"},"wordCount":891,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYwNDIyNyM3MzI4MDExIzUwMDA1MDQ3OQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cheer-holding-announces-share-consolidation-of-class-a-ordinary-shares\/","name":"Cheer Holding Announces Share Consolidation of Class A Ordinary Shares - 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