Cheer Holding Stock Price, News & Analysis

Cheer Holding (NASDAQ: CHR) received a Nasdaq notice on November 18, 2025 stating it is not in compliance with the Low Priced Stocks Rule (Listing Rule 5810(c)(3)(A)(iii)) after a closing bid price of $0.10 or less for ten consecutive trading days and with Listing Rule 5550(a)(2) after a sub-$1 closing bid for 30 consecutive business days.

Nasdaq determined to delist the Company's securities; Cheer Holding has until November 26, 2025 to request a Hearing Panel appeal to stay suspension. If no appeal is filed, trading would be suspended on December 1, 2025 and a Form 25-NSE would be filed to remove the listing. The Company intends to request a hearing and is considering options, including a previously shareholder-approved share consolidation from May 12, 2025.

Cheer Holding (NASDAQ: CHR) formed a Special Committee on Nov 18, 2025 to evaluate two preliminary non-binding proposals to acquire all outstanding Class A ordinary shares.

The proposals include a Nov 1, 2025 bid from Zhongsheng Dingxin for US$0.56 per Class A share and a Nov 4, 2025 bid from Excel Ally Ventures for US$0.52 per Class A share. The Special Committee is chaired by Bing Zhang and includes independent directors Zhihong Tan and Yong Li and may retain independent financial and legal advisors.

The Board has made no decision, warned there is no assurance any definitive offer or transaction will occur, and filed the proposal letters as exhibits to an 8-K furnished Nov 5, 2025.

Cheer Holding (NASDAQ: CHR) announced a registered direct offering of 187,500,000 Class A ordinary shares (or pre-funded warrants) at $0.08 per share, expected to raise approximately $15 million in gross proceeds. The offering is expected to close on or about November 6, 2025, subject to customary closing conditions. Univest Securities is acting as sole placement agent. The offering is being made under a shelf registration statement on Form F-3 (File No. 333-279221) that the SEC declared effective on September 12, 2024. A final prospectus supplement and accompanying prospectus will be filed with the SEC and made available on the SEC website.

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.