Core Viewpoint - Chanson International Holding has successfully closed a public offering of 8,980,251 Class A ordinary shares and common warrants, raising gross proceeds of 0.81 per share and warrant [1] - The common warrants have an exercise price of $0.972 per share [1] - The offering was facilitated by Joseph Stone Capital, LLC as the exclusive placement agent [2] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for opening new stores in both China and the United States [2] Group 3: Company Overview - Chanson International Holding, founded in 2009, operates bakery, seasonal, and beverage products through its chain stores in China and the U.S. [4] - The company is headquartered in Urumqi, China, and operates 46 stores in China and three in New York City [4] - Chanson focuses on providing healthy, nutritious, and ready-to-eat food, utilizing advanced facilities and in-depth industry research [4]
Chanson International Holding Announces Closing of $7.274 Million Public Offering