Univest Securities, LLC Completes $15 Million Registered Direct Offering for Client Cheer Holding, Inc. (NASDAQ: CHR)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 06 2025
0mins
Source: Newsfilter
Offering Details: Univest Securities announced a registered direct offering of approximately $15 million for Cheer Holding, Inc., involving the sale of 187,500,000 Class A ordinary shares at a price of $0.08 per share.
Company Background: Cheer Holding, a leading provider of mobile internet infrastructure in China, focuses on creating a digital ecosystem that integrates various technologies, including AI, blockchain, and cloud computing.
Investment Banking Role: Univest Securities acted as the sole placement agent for the offering and has a history of raising over $1.7 billion in capital for various issuers since 2019.
Forward-Looking Statements: The press release includes forward-looking statements regarding the company's future performance, emphasizing the risks and uncertainties that may affect actual results.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CHR?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CHR
About CHR
Cheer Holding Inc is a holding company principally engaged in the provision of the advertisement and content production services and the operations of mobile and online advertising, media and entertainment business. The Company operates through two segments. The CHEERS Application (APP) Internet Business segment is engaged in operations of the CHEERS APP, including broadcasting intellectual property (IP) short videos, live streaming, app-based advertising, and providing services via the Cheers E-mall marketplace. The Traditional Media Businesses segment includes purchasing and producing TV-series, providing copyrights services, creating customized content and other activities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cheer Holding Plans 1-for-50 Share Consolidation to Maintain Nasdaq Listing
- Share Consolidation Plan: Cheer Holding announced a 1-for-50 share consolidation, reducing its outstanding shares from 234,309,902 to approximately 4,686,199, which is aimed at increasing the per-share trading price to meet Nasdaq's continued listing requirements.
- Listing Compliance Challenge: The company received a delisting notification from Nasdaq due to its stock closing below $0.10 for ten consecutive trading days, and it plans to address this challenge through the share consolidation, although future outcomes remain uncertain.
- Automatic Adjustment Mechanism: Shareholders holding shares in book-entry or street name form will have their shares automatically adjusted to reflect the consolidation, enhancing shareholder convenience without requiring additional actions.
- Future Outlook: The consolidation is set to take effect on December 22, 2025, and is expected to provide a stronger compliance foundation for the company's hearing on January 13, 2026, helping to secure its continued listing on Nasdaq.
Continue Reading
Cheer Holding Plans 1-for-50 Share Consolidation to Maintain Nasdaq Listing
- Share Consolidation Plan: Cheer Holding announced a 1-for-50 share consolidation to address Nasdaq delisting risks, with outstanding shares expected to decrease from 234,309,902 to approximately 4,686,199, aiming to increase the per-share trading price to meet Nasdaq's continued listing requirements.
- Nasdaq Compliance Challenge: The company received a delisting notification due to its stock price closing below $0.10 for ten consecutive trading days, and plans to restore compliance before a hearing scheduled for January 13, 2026, although success is not guaranteed.
- Automatic Adjustment Mechanism: Shareholders holding shares in book-entry or
Continue Reading