SplitMay 6, 2026, 04:33 PM
Chanson International Announces 100 for 1 Share Consolidation
AI Summary
Chanson International Holding announced a 100-for-1 share consolidation, effective for marketplace trading on May 7, 2026. This corporate action will combine every 100 ordinary shares into one, with trading continuing under the same NASDAQ symbol "CHSN" but with a new CUSIP number. The consolidation also adjusts the company's authorized and outstanding share capital, including a change in par value from US$0.0001 to US$0.01 per share.
Key Highlights
- Chanson International announced a 100-for-1 share consolidation.
- The consolidation is effective for marketplace trading on May 7, 2026.
- Class A ordinary shares will trade under symbol "CHSN" with new CUSIP G2104U115.
- Each 100 ordinary shares will automatically convert to one issued and outstanding share.
- Authorized Class A ordinary shares reduced from 4,110,000,000 to 41,100,000.
- Issued Class A ordinary shares reduced from 363,907,905 to approximately 3,639,079.
- Par value per share changed from US$0.0001 to US$0.01.
Price Impact
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