Chanson International Holding Announces Closing of $7.274 Million Public Offering
Chanson International Holding - Class A Ordinary Shares (CHSN)
Company Research
Source: GlobeNewswire
URUMQI, China, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Chanson International Holding (Nasdaq: CHSN) (the "Company" or "Chanson"), a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, today announced the closing of a best-efforts public offering (the “Offering”) of 8,980,251 Class A ordinary shares (“Class A Ordinary Shares”) of the Company, and 8,980,251 common warrants (“Common Warrants”) to purchase 8,980,251 Class A Ordinary Shares, at a combined offering price of $0.81 per share and accompanying warrant. The Common Warrants have an exercise price of $0.972 per share. The Company received aggregate gross proceeds of $7.274 million from the Offering, before deducting offering expenses and commissions, excluding the exercise of any Common Warrants. The Company intends to use the net proceeds from the Offering for opening new stores in China and in the U.S. Joseph Stone Capital, LLC acted as the exclusive placement agent for
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CHSN
Sec Filings
- 9/27/24 - Form 6-K
- 9/27/24 - Form SC
- 9/27/24 - Form SC
- CHSN's page on the SEC website