Core Viewpoint - Chanson International Holding is conducting a public offering of Class A ordinary shares and common warrants to raise approximately 0.81 per share and warrant [1] - The common warrants have an exercise price of $0.972 per share [1] - The offering is expected to close on or about September 17, 2024, pending customary closing conditions [2] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for opening new stores in China and the U.S. [2] Group 3: Company Background - Chanson International Holding, founded in 2009, provides bakery, seasonal, and beverage products through its chain stores in China and the U.S. [5] - The company operates 46 stores in China and three stores in New York City, also selling products on digital platforms [5] - Chanson focuses on healthy, nutritious, and ready-to-eat food, supported by advanced facilities and a dedicated product development team [5]
Chanson International Holding Announces Pricing of $7.274 Million Public Offering