Cheer Holding Stock Price, News & Analysis

Cheer Holding (NASDAQ: CHR) announced that its Board received two preliminary non-binding proposals to acquire all outstanding Class A ordinary shares.

The proposals are: (i) Zhongsheng Dingxin dated Nov 1, 2025 offering US$0.56 per Class A Share, and (ii) Excel Ally Ventures dated Nov 4, 2025 offering US$0.52 per Class A Share. The Board will form a Special Committee of independent directors to evaluate the Proposed Transactions and may retain independent financial and legal advisors.

The Company cautioned there is no assurance any definitive offer or transaction will occur and said it will file a Form 6-K with the proposal letters at the SEC.

Cheer Holding (NASDAQ: CHR) launched CHEERS Telepathy AI 3.0 on October 28, 2025, a full-stack portrait creation platform that combines an AI Agent, AI Photographer, AI Retoucher, and AI Editor into an end-to-end interface.

Key product claims include: professional 4K portraits in seconds from one photo using >1,000 scenes; a "One-Click Album to Video" feature producing 30 fps output; the Polaris Intelligent Cloud 3.0 engine claimed to be 38% faster for 4K generation and 98.4% accurate at pose/lighting matching; training on 450 million high-resolution portraits and a Cultural Semantic Augment Dataset; and an open AI portrait API for partners.

Cheer Holding (NASDAQ: CHR) received a Nasdaq notice dated October 16, 2025, saying the company does not meet the $1.00 minimum bid price under Listing Rules 5550(a)(2).

The notice is a deficiency notification with no current effect on listing or trading and provides a 180-calendar-day compliance period until April 14, 2026. To regain compliance, CHR must have a closing bid of at least $1.00 for ten consecutive business days. The company said it will monitor the share price and evaluate options to regain compliance during the period.

Cheer Holding (NASDAQ: CHR) has announced the pricing of a public offering expected to raise $8.5 million in gross proceeds. The offering consists of 12,686,565 units priced at $0.67 per unit, with each unit comprising one Class A ordinary share (or pre-funded warrant), one Series A warrant, and one Series B warrant.

The Series A and B warrants have an exercise price of $0.7035 per Class A Share and will be exercisable for one year. Series B warrant holders can utilize a "zero exercise price" option to receive 5.1235 Class A Shares for each warrant. The offering is expected to close around October 2, 2025, with Univest Securities acting as sole placement agent.

Cheer Holding (NASDAQ: CHR) has issued a correction to its H1 2025 financial results. The company reported revenues of $71.0 million, with net income of $7.8 million, down from $12.4 million in H1 2024. The CHEERS App Internet Business generated 92.26% of total revenues at $65.5 million.

Key operational metrics showed mixed performance: CHEERS Video reached 440 million downloads (+1.85% YoY) with 51.1 million monthly active users, while CHEERS Telepathy saw significant growth with monthly active users increasing 263.33% YoY to 3.3 million. Operating expenses saw notable changes, including a 9.99% increase in cost of revenues to $20.8 million and higher general and administrative expenses due to share-based compensation.

Cheer Holding (NASDAQ: CHR) reported its H1 2025 financial results, with revenues holding steady at $71.0 million and net income reaching $11.2 million. The company's CHEERS App Internet Business generated 92.26% of total revenues at $65.5 million.

Key operational metrics showed mixed performance: CHEERS Video reached 440 million downloads with 51.1 million monthly active users, while CHEERS Telepathy saw significant growth with a 263.33% YoY increase in monthly active users to 3.3 million. The company maintained a strong financial position with cash and equivalents of $203.2 million and working capital of $284.5 million as of June 30, 2025.

Cheer Holding (NASDAQ: CHR) held its 2025 Annual General Meeting in Beijing on May 12, 2025, where shareholders approved several key measures. The meeting resulted in the re-election of Mr. Ke Chen as a Class III director until 2028 and the ratification of Enrome LLC as the company's independent auditor for FY2025. Notably, shareholders approved increasing the authorized Class A ordinary shares from 200 million to 500 million shares. Additionally, the board received authorization to implement a potential share consolidation at ratios of 1-for-10, 1-for-25, or 1-for-50, to be executed at their discretion.

Cheer Holding (NASDAQ: CHR) reported its full year 2024 financial results, showing mixed performance. Revenue declined 3.37% to $147.2 million from $152.3 million in 2023, primarily due to reduced advertising orders. Net income decreased to $26.0 million from $30.5 million in 2023.

The company's apps showed growth in user base: CHEERS Video reached 436 million downloads (+6.3% YoY) with 52.3 million monthly active users. CHEERS e-Mall saw 60.7 million downloads (+13.5% YoY) with 6.9 million monthly users. Notable growth came from CHEERS Telepathy, with downloads up 830.8% to 12.1 million.

Operating expenses showed varied trends: cost of revenues slightly decreased to $39.4 million, while R&D expenses more than doubled to $3.4 million. The company maintained strong liquidity with cash and equivalents of $197.7 million and working capital of $265.7 million.

Cheer Holding (NASDAQ: CHR) has entered into a non-binding investment framework agreement to acquire a 60% equity stake in Beijing Zhong Ke Zhi Guo Technology Co., (ZKZG), a provider of synthetic data utilizing generative AI and simulation technology. The acquisition will be executed through a combination of share issuance and cash payment, with specific transaction details to be disclosed upon signing definitive agreements.

ZKZG is recognized as a premier provider of synthetic data, integrating generative AI with simulation technologies. The company's team consists of highly qualified professionals from top-tier universities, bringing significant academic expertise to the field. ZKZG holds a substantial advantage in the application and commercialization of AI technologies.

This strategic acquisition demonstrates Cheer Holding's commitment to strengthening its presence in the artificial intelligence value chain and accelerating its growth in the AI sector, aiming to create transformative opportunities for the Company.