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Stock impact report

Univest Securities, LLC Announces Closing of $8.5 Million Public Offering for its Client Cheer Holding, Inc. (NASDAQ: CHR) [Yahoo! Finance]

Cheer Holding, Inc. - Class A Ordinary Share (CHR) 
Company Research Source: Yahoo! Finance
of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of Public Offering (the “Offering”) of approximately $8.5 million for its client Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer Holding” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services. The offering is comprised of 12,686,565 units (each a “Unit”), consisting of one Class A ordinary share of the Company, par value $0.001 per share (the “Class A Ordinary Shares”), or in lieu thereof, a pre-funded warrant, one series A warrant to purchase one Class A Ordinary Share (each, a “Series A Warrant”) and one series B warrant to purchase one Class A Ordinary Share (each, a “Series B Warrant”). The public offering price of the Units is $0.67 per Unit. Each of the Series A Warrants and the Series B Warrants will have an exercise price of $0.7035 per Class A Ordinary Share and be exercisable beginning on the date Show less Read more
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