Cheer Holding, Inc. received a NASDAQ compliance notice regarding its minimum bid price and has 180 days to address the issue.
Quiver AI Summary
Cheer Holding, Inc. announced that it has received a notification from NASDAQ indicating it is not in compliance with the minimum bid price requirement of $1.00 per share, as its closing bid price fell below this threshold for 30 consecutive business days. The company has until April 14, 2026, to regain compliance, during which its shares must be at least $1.00 for ten consecutive days. While the notice does not impact the current trading of its securities, failure to comply may lead to delisting, although the company may seek additional time to meet the requirements. Cheer Holding, a provider of advanced mobile internet infrastructure and services in China, aims to build a digital ecosystem leveraging technologies like AI and blockchain.
Potential Positives
- The company received a compliance period of 180 days to regain compliance with NASDAQ listing requirements, allowing time to address the bid price issue.
- The notice has no current effect on the listing or trading of the Company’s securities, indicating stability in its market presence for now.
- Cheer Holding is a provider of advanced mobile internet infrastructure and is dedicated to building a digital ecosystem incorporating cutting-edge technologies, showcasing its long-term growth potential.
- The company offers a diverse range of products and services, indicating a robust portfolio that could drive future revenue growth and market engagement.
Potential Negatives
- The company is currently facing a compliance issue with NASDAQ regarding its minimum bid price, which could lead to potential delisting if not resolved within the designated compliance period.
- The press release highlights that the company's stock has not met the required bid price of $1.00 for 30 consecutive business days, indicating potential underlying financial or market challenges.
- The need for a compliance period of 180 days to regain compliance suggests a decline in investor confidence and may negatively impact future investment opportunities.
FAQ
What compliance issue did Cheer Holding face with NASDAQ?
Cheer Holding received a notice of non-compliance with NASDAQ's minimum bid price requirement of $1.00 per share.
What is the timeframe for Cheer Holding to regain NASDAQ compliance?
The company has a compliance period of 180 days, until April 14, 2026, to regain compliance.
How can Cheer Holding regain compliance with NASDAQ?
To regain compliance, Cheer Holding's Class A ordinary shares must be priced at least $1.00 for ten consecutive business days.
What does the notice mean for Cheer Holding's stock trading?
The notice is informational and does not currently affect the listing or trading of Cheer Holding's securities.
What is Cheer Holding's core focus in technology?
Cheer Holding focuses on building a digital ecosystem incorporating platforms, applications, AI, and next-generation mobile internet infrastructure.
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.
$CHR Hedge Fund Activity
We have seen 3 institutional investors add shares of $CHR stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SHAH CAPITAL MANAGEMENT added 404,950 shares (+23.8%) to their portfolio in Q2 2025, for an estimated $591,227
- MORGAN STANLEY added 500 shares (+16.2%) to their portfolio in Q2 2025, for an estimated $730
- UBS GROUP AG added 477 shares (+107.0%) to their portfolio in Q2 2025, for an estimated $696
- GROUPE LA FRANCAISE added 0 shares (+0.0%) to their portfolio in Q2 2025, for an estimated $0
- BNP PARIBAS FINANCIAL MARKETS added 0 shares (+0.0%) to their portfolio in Q2 2025, for an estimated $0
- SBI SECURITIES CO., LTD. added 0 shares (+0.0%) to their portfolio in Q2 2025, for an estimated $0
- CREDIT INDUSTRIEL ET COMMERCIAL added 0 shares (+0.0%) to their portfolio in Q2 2025, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CHR Analyst Ratings
Wall Street analysts have issued reports on $CHR in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- RBC Capital issued a "Outperform" rating on 05/08/2025
To track analyst ratings and price targets for $CHR, check out Quiver Quantitative's $CHR forecast page.
$CHR Price Targets
Multiple analysts have issued price targets for $CHR recently. We have seen 2 analysts offer price targets for $CHR in the last 6 months, with a median target of $25.5.
Here are some recent targets:
- Konark Gupta from Scotiabank set a target price of $24.0 on 08/07/2025
- James McGarragle from RBC Capital set a target price of $27.0 on 05/08/2025
Full Release
BEIJING, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer Holding” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services, today announced that on October 16, 2025, it received a notice (the “Notice”) from The NASDAQ Stock Market LLC indicating that the Company is not in compliance with the minimum bid price requirement of $1.00 per share under the Nasdaq Listing Rules (the “Listing Rules”). Based on the closing bid price of the Company’s listed securities for the last 30 consecutive business days from September 4, 2025 to October 15, 2025, the Company no longer meets the minimum bid price requirement set forth in Listing Rules 5550(a)(2). The Notice is only a notification of deficiency and has no current effect on the listing or trading of the Company’s securities on The Nasdaq Capital Market.
The Notice states that under the Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until April 14, 2026, to regain compliance under the Listing Rules. To regain compliance under the Listing Rules, the Company’s Class A ordinary shares must be at least $1.00 for a minimum of ten consecutive business days. In the event the Company does not regain compliance by April 14, 2026, the Company may be eligible for additional time to regain compliance or may face delisting.
The Company intends to monitor the closing bid price of its Class A ordinary shares between now and April 14, 2026, and to evaluate its available options to regain compliance within the compliance period.
About Cheer Holding, Inc.
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 “platforms, applications, technology, and industry” 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.
Cheer Holding’s 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 “online/offline” and “virtual/reality” elements.
With “CHEERS+” at the core of Cheer Holding’s digital ecosystem, the Company is committed to utilizing innovative product applications and technologies to drive its long-term sustainable and scalable growth.
Safe Harbor Statement
Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, that the Company will be able to continue to have its Class A ordinary shares listed on The NASDAQ Stock 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’s 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.
For investor and media inquiries, please contact:
Wealth Financial Services LLC
Connie Kang, Partner
Email: [email protected]
Tel: +86 1381 185 7742 (CN)
