Corporate ActionJul 10, 2026, 04:27 PM
Cheer Holding Increases Authorized Class A Shares to 50M
AI Summary
Cheer Holding, Inc. announced that its shareholders approved an increase in the company's authorized share capital at the 2026 Annual General Meeting on July 7, 2026. The authorized Class A ordinary shares were increased from 3,333,333 to 50,000,000, leading to an overall increase in authorized share capital from US$500,699.95 to US$7,500,700.00. This corporate action was formalized by filing a notice with the Registrar of Companies of the Cayman Islands.
Key Highlights
- Shareholders approved an increase in authorized share capital on July 7, 2026.
- Authorized Class A ordinary shares increased from 3,333,333 to 50,000,000.
- The total authorized share capital increased from US$500,699.95 to US$7,500,700.00.
- The increase was effected by creating an additional 46,666,667 Class A ordinary shares.
- The change was filed with the Registrar of Companies of the Cayman Islands on July 7, 2026.
Price Impact
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