Cheer Holding gets Nasdaq bid-price notice; deadline Apr 14, 2026
Cheer Holding, Inc. reported it received a Nasdaq notice that its shares no longer meet the $1.00 minimum bid price requirement after 30 consecutive business days below that level from September 4 to October 15, 2025.
Rhea-AI Filing Summary
Cheer Holding, Inc. reported it received a Nasdaq notice that its shares no longer meet the $1.00 minimum bid price requirement after 30 consecutive business days below that level from September 4 to October 15, 2025. The notice does not immediately affect the listing or trading of its securities on The Nasdaq Capital Market.
The company has 180 calendar days, until April 14, 2026, to regain compliance by having its Class A ordinary shares close at or above $1.00 for at least ten consecutive business days. If it does not regain compliance by that date, it may be eligible for additional time or could face delisting. Cheer Holding said it will monitor its closing bid price and evaluate available options during the compliance period.
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Insights
Nasdaq bid-price deficiency with a clear compliance window.
Cheer Holding disclosed a Nasdaq deficiency tied to the $1.00 minimum bid price rule, triggered after 30 consecutive business days below the threshold between September 4 and October 15, 2025. The notice has no current impact on trading status.
The company has 180 days—until April 14, 2026—to achieve at least ten consecutive business days with a closing bid at or above $1.00. If unmet, the company may receive additional time under rules or face delisting, per Nasdaq’s framework.
Management plans to monitor the share price and evaluate options. Actual impact depends on market performance and any actions disclosed later; timing beyond the stated window isn’t provided in the excerpt.
FAQ
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What did CHR disclose in its Form 6-K?
What is CHR’s deadline to regain compliance?
Does the notice immediately affect CHR’s listing?
What happens if CHR doesn’t regain compliance by the deadline?
What actions did CHR say it will take?
AI-generated analysis. How Rhea-AI works. Not financial advice.