SplitMay 5, 2026, 08:32 AM
Chanson International Announces 100-for-1 Share Consolidation
AI Summary
Chanson International Holding announced a 100-for-1 share consolidation, effective with the opening of trading on May 7, 2026. As a result, each 100 ordinary shares outstanding will automatically combine into one share, and the Class A ordinary shares will trade on a split-adjusted basis under the same symbol "CHSN" but with a new CUSIP number. The company's authorized and outstanding share capital will be adjusted accordingly, with the par value of shares increasing from $0.0001 to $0.01.
Key Highlights
- Chanson International Holding announced a 100-for-1 share consolidation.
- The split-adjusted trading on Nasdaq Capital Market will begin on May 7, 2026.
- The Company's Class A ordinary shares will trade under the same symbol "CHSN" with a new CUSIP number G2104U115.
- Authorized Class A ordinary shares will change from 4,110,000,000 to 41,100,000.
- Authorized Class B ordinary shares will change from 15,000,000 to 150,000.
- Outstanding Class A ordinary shares will change from 363,907,905 to approximately 3,639,079.
- Outstanding Class B ordinary shares will change from 70,875 to approximately 708.
- The par value of both Class A and Class B ordinary shares will change from $0.0001 to $0.01.