Cheer Holding Notified by Nasdaq of Non-Compliance with Listing Rule 5550(a)(2)
NASDAQ Compliance Notice: Cheer Holding, Inc. received a notice from NASDAQ indicating non-compliance with the minimum bid price requirement of $1.00 per share, based on the closing bid price over the last 30 business days.
Compliance Period: The company has a 180-day compliance period until April 14, 2026, to regain compliance by maintaining a share price of at least $1.00 for ten consecutive business days, or it may face delisting.
Company Overview: Cheer Holding is a leading provider of mobile internet infrastructure and services in China, focusing on creating a digital ecosystem that integrates various technologies, including AI, blockchain, and cloud computing.
Product Portfolio: The company offers a diverse range of products and services, including CHEERS Telepathy, CHEERS Video, and various AI-driven applications, aimed at blending online and offline experiences.
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Airport Reopening: The runway at the airport has reopened following a recent incident involving a fatal air collision.
Emergency Response: A fire truck was deployed earlier this week to manage the situation and assist with the aftermath of the collision.
- Financial Performance: Cheer Holding reported a FY 2025 GAAP EPS of $24.07 with revenues of $148.8 million, indicating the company's ongoing efforts to maintain stable revenue streams.
- Operational Income Growth: Operating income increased by 2.7% from $25.6 million in 2024 to $26.3 million, demonstrating slight progress in enhancing operational efficiency and profitability.
- Net Income Fluctuation: Net income attributable to Cheer Holding's shareholders was $25.6 million, a slight decrease from $26.0 million last year, reflecting competitive pressures impacting profitability.
- Cash Flow Status: As of December 31, 2025, cash and cash equivalents stood at $242.1 million, up 22.4% from $197.7 million at the end of 2024, showcasing improvements in the company's liquidity and cash management.

- Travel Disruptions: Travelers should anticipate significant delays and cancellations at New York's airports due to ongoing operational issues.
- Advice for Travelers: It is recommended that passengers stay informed about their flight status and prepare for potential changes to their travel plans.
Fiscal Year 2025 Announcement: Cheer Holding has announced its financial results for the fiscal year 2025, detailing its performance and key metrics.
Financial Performance Highlights: The announcement includes significant financial highlights that reflect the company's growth and operational efficiency during the fiscal year.

- Incident Overview: A ground vehicle was responding to a separate incident involving a United Airlines aircraft at the time of a collision.
- Authority Statement: The New York Port Authority confirmed the involvement of the ground vehicle in the incident.






