Chanson International Holding announced on June 13, 2025, the pricing of a best-efforts public offering, expected to generate gross proceeds of approximately $8 million. The offering is comprised of 16,000,000 units, priced at $0.50 per unit.
Each unit consists of one Class A ordinary share, or a pre-funded warrant, along with one Series A warrant and one Series B warrant to purchase one Class A ordinary share. The warrants have an exercise price of $0.525 per Class A ordinary share and are exercisable for two and a half years.
The company intends to use the net proceeds from this offering to fund the opening of new stores in both China and the U.S., with specific allocation based on market conditions. This capital raise is crucial for supporting Chanson's ongoing expansion plans and strengthening its financial position.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.