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-0.342534174553102 -0.376445846477392 -0.451629863301788 -0.480546792849632 -0.542586750788643 -0.572555205047319 -0.562039957939012 -0.561456361724501
Stock impact report

Cheer Holding, Inc. Announces $15 Million Registered Direct Offering

Cheer Holding, Inc. - Class A Ordinary Share (CHR) 
Company Research Source: GlobeNewswire
BEIJING, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) (the “Company”), today announced that it has entered into a definitive agreement with certain investors for the purchase and sale of an aggregate of 187,500,000 of the Company’s Class A ordinary shares, par value $0.001 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.08 per share in a registered direct offering. The aggregate gross proceeds to the Company of this offering are expected to be approximately $15 million. The transaction is expected to close on or about November 6, 2025, subject to the satisfaction of customary closing conditions. Univest Securities, LLC is acting as the sole placement agent. The registered direct offering is being made pursuant to a shelf registration statement on Form F-3 (File No. 333-279221) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on September 12, 2024. A fin Show less Read more
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