Recent Updates — CHR
On September 16, 2026, Chairman and CEO Bing Zhang sold all 500,000 outstanding Class B ordinary shares to Lioness Limited for $500.00. The Class B shares carry 100 votes each, representing approximately 96.44% of the company's total voting power based on 1,845,453 Class A shares and 500,000 Class B shares outstanding. Mr. Zhang cited personal health reasons and the buyer's international network as motivations for the sale but will continue serving in his executive roles. Cheer Holding, Inc. operates in the technology sector.
Cheer Holding, Inc. filed a 6-K to report its unaudited interim financial results for the six months ended June 30, 2026. The company reported revenues of $60.5 million, a decline from $71.0 million in the prior year period, driven primarily by a drop in advertising revenue to $60.5 million from $71.0 million. Net income attributable to shareholders was $8.1 million, compared to $7.8 million in the same period last year. The company also disclosed the effective date of a share consolidation for Class A ordinary shares at a ratio of 3-for-1, which occurred on April 7, 2026. Cheer Holding, Inc. operates a leading mobile and online advertising, media, and entertainment business in China.
At the 2026 Annual General Meeting on July 7, 2026, shareholders approved an increase in authorized share capital from US$500,699.95 to US$7,500,700.00. This was achieved by creating an additional 46,666,667 Class A ordinary shares with a par value of US$0.15 each. The total authorized capital now consists of 50,000,000 Class A ordinary shares, 500,000 Class B ordinary shares, and 2,000,000 preferred shares. Cheer Holding, Inc. is a company based in China that operates in the consumer goods or technology sector.
At its July 7, 2026, Annual General Meeting, Cheer Holding, Inc. shareholders approved an increase in authorized share capital from US$500,699.95 to US$7,500,700.00 by creating 46,666,667 additional Class A ordinary shares. Shareholders also approved the adoption of 2026 Equity Incentive Plan. Jia Lu and Zhihong Tan were re-elected as Class I directors. Cheer Holding, Inc. operates in the technology sector and provides various services in China.
Cheer Holding, Inc. filed a notice and proxy statement regarding its 2026 Annual General Meeting. The filing includes the proxy card for the upcoming shareholder meeting. Cheer Holding, Inc. is a company based in Beijing, China.