Chanson International Holding Announces 80 for 1 Share Consolidation
Chanson International Chanson International (US:CHSN) GlobeNewswire News Room·2025-08-14 11:00

Core Points - Chanson International Holding announced a share consolidation on an 80 for 1 ratio, effective August 18, 2025, to regain compliance with Nasdaq listing requirements [1][2] - The consolidation will change the authorized share capital and the par value of shares, with Class A ordinary shares decreasing from approximately 85.9 million to about 1.07 million shares, and Class B ordinary shares decreasing from approximately 5.67 million to about 70.88 thousand shares [4] Company Overview - Chanson International Holding, founded in 2009, operates bakery, seasonal, and beverage products through its chain stores in China and the United States, with 60 stores in China and 3 in New York City [5] - The company focuses on providing healthy, nutritious, and ready-to-eat food, utilizing advanced facilities and in-depth industry research to meet customer demand [5]