Chanson International Holding announces an 80-for-1 share consolidation to comply with Nasdaq listing requirements, effective August 18, 2025.
Quiver AI Summary
Chanson International Holding announced that its board of directors approved a share consolidation on an 80-for-1 ratio, effective August 18, 2025, to meet Nasdaq listing requirements. Following the consolidation, the company's Class A ordinary shares will trade under the same symbol "CHSN" but will have a new CUSIP number. The share consolidation will reduce the number of outstanding Class A and Class B shares, converting every 80 shares into one. Chanson, which operates bakery and beverage stores in China and the US, aims to offer healthy, ready-to-eat food products and enhance customer experiences. The company is headquartered in Urumqi, China, and currently manages 60 stores in China and 3 in New York City, while also selling through digital platforms.
Potential Positives
- The board's approval of a share consolidation aims to ensure compliance with Nasdaq Marketplace Rule 5550(a)(2), which is crucial for maintaining the Company's listing on Nasdaq.
- The consolidation changes the structure of the Company's authorized and outstanding shares, potentially making them more attractive to investors due to a higher share price post-consolidation.
- The Company maintains the same trading symbol "CHSN," ensuring continued recognition and presence in the market for existing shareholders and investors.
- The adjustment in share value and structure could improve overall liquidity and market perception, positioning Chanson International Holding for future growth opportunities.
Potential Negatives
- The share consolidation on an 80 for 1 ratio indicates that the company is facing difficulties maintaining its stock price, which could signal to investors that it is struggling to meet listing requirements.
- This action may lead to reduced investor confidence as share consolidations are often perceived as a last resort to improve the appearance of stock value, rather than genuine growth.
- The consolidation could result in shareholders potentially losing fractional shares, which may further erode investor trust and satisfaction.
FAQ
Why is Chanson International consolidating its shares?
Chanson is consolidating its shares to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq.
What is the share consolidation ratio for Chanson?
The share consolidation ratio approved is 80 for 1, meaning every 80 ordinary shares will convert into one issued share.
When will the share consolidation take effect?
The share consolidation will take effect on August 18, 2025, with trading beginning on that date under the symbol “CHSN.”
How will shareholders be affected by the consolidation?
Shareholders will automatically have their shares consolidated without any action required, and no fractional shares will be issued.
What changes will occur to Chanson’s authorized share capital?
Chanson’s authorized share capital will be revised to 55,000,000 Class A and 7,500,000 Class B ordinary shares, both with a par value of $0.08.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CHSN Hedge Fund Activity
We have seen 7 institutional investors add shares of $CHSN stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 143,056 shares (+inf%) to their portfolio in Q1 2025, for an estimated $32,902
- UBS GROUP AG added 118,646 shares (+3463.1%) to their portfolio in Q1 2025, for an estimated $27,288
- TWO SIGMA SECURITIES, LLC added 90,235 shares (+inf%) to their portfolio in Q1 2025, for an estimated $20,754
- XTX TOPCO LTD removed 41,907 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $5,426
- VIRTU FINANCIAL LLC added 39,669 shares (+150.1%) to their portfolio in Q2 2025, for an estimated $5,137
- TWO SIGMA INVESTMENTS, LP added 31,770 shares (+inf%) to their portfolio in Q1 2025, for an estimated $7,307
- SCHONFELD STRATEGIC ADVISORS LLC removed 22,400 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $5,152
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
URUMQI, China, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Chanson International Holding (Nasdaq: CHSN) (the “Company” or “Chanson”), a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, today announced that the Company’s board of directors approved on August 1, 2025 that the authorised, issued, and outstanding shares of the Company be consolidated on a 80 for 1 ratio with the marketplace effective date of August 18, 2025.
The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq.
Beginning with the opening of trading on August 18, 2025, the Company’s Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis, under the same symbol “CHSN” but under a new CUSIP number, G2104U206.
As a result of the share consolidation, each 80 ordinary shares outstanding will automatically combine and convert to one issued and outstanding ordinary share without any action on the part of the shareholders. No fractional shares will be issued to any shareholders in connection with the share consolidation, and each shareholder will be entitled to receive one share of the Company in lieu of the fractional share of that class that would have resulted from the share consolidation.
At the time the share consolidation is effective, the Company’s authorised share capital will be changed from US$5,000,000 divided into 4,400,000,000 Class A ordinary shares of US$0.001 par value each and 600,000,000 Class B ordinary shares of US$0.001 par value each, to US$5,000,000 divided into 55,000,000 Class A ordinary shares of US$0.08 par value each and 7,500,000 Class B ordinary shares of US$0.08 par value each. The Company’s total issued and outstanding Class A ordinary shares will be changed from 85,910,957 Class A ordinary shares of US$0.001 par value each to approximately 1,073,887 Class A ordinary shares of US$0.08 par value each. The Company’s total issued and outstanding Class B ordinary shares will be changed from 5,670,000 Class B ordinary shares of US$0.001 par value each to approximately 70,875 Class B ordinary shares of US$0.08 par value each.
About Chanson International Holding
Founded in 2009, Chanson International Holding is a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States. Headquartered in Urumqi, China, Chanson directly operates stores in Xinjiang, China and New York, United States. Chanson currently manages 60 stores in China, and 3 stores in New York City while selling on digital platforms and third-party online food ordering platforms. Chanson offers not only packaged bakery products but also made-in-store pastries and eat-in services, serving freshly prepared bakery products and extensive beverage products. Chanson aims to make healthy, nutritious, and ready-to-eat food through advanced facilities based on in-depth industry research, while creating a comfortable and distinguishable store environment for customers. Chanson’s dedicated and highly-experienced product development teams constantly create new products that reflect market trends to meet customer demand. For more information, please visit the Company’s website: http://ir.chanson-international.net/ .
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s proposed offering. 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 find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
For investor and media inquiries, please contact:
Chanson International Holding
Investor Relations Department
Email:
[email protected]
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email:
[email protected]