StockWatch
·
EDP Services
AGM/EGMJul 8, 2026, 04:01 PM

Cheer Holding Shareholders Approve Share Capital Increase, Equity Plan

AI Summary

Cheer Holding, Inc. announced the results of its 2026 Annual General Meeting held on July 7, 2026. Shareholders re-elected two Class I directors and ratified Enrome LLP as the independent auditor. Crucially, they approved a significant increase in the Company's authorized share capital from $500,699.95 to $7,500,700.00, creating 46,666,667 additional Class A ordinary shares. Additionally, the 2026 Equity Incentive Plan was approved and adopted.

Key Highlights

  • Shareholders re-elected Messrs. Jia Lu and Zhihong Tan as Class I directors.
  • Enrome LLP was ratified as the independent auditor for the financial year ending December 31, 2026.
  • Approved increasing authorized share capital from $500,699.95 to $7,500,700.00.
  • This increase creates an additional 46,666,667 Class A ordinary shares.
  • Approved and adopted the Cheer Holding, Inc. 2026 Equity Incentive Plan.