Chanson International to Consolidate Shares 100-for-1, Cutting Outstanding to 3.64M
Chanson International Holding will consolidate its Class A and B shares on a 100-for-1 basis effective May 7, 2026, and Class A shares will trade under CUSIP G2104U115. The consolidation reduces Class A shares from 363,907,905 to 3,639,079 and Class B shares from 70,875 to 708.
1. Share Consolidation Details
Chanson International Holding will consolidate its authorized, issued and outstanding Class A and Class B ordinary shares on a 100-for-1 basis, effective at market open on May 7, 2026. Post-consolidation, Class A shares will continue trading under the symbol CHSN on the Nasdaq Capital Market with a new CUSIP G2104U115.
2. Authorized and Outstanding Shares
The company’s authorized share capital will shift from 4,110,000,000 Class A and 15,000,000 Class B shares (US$0.0001 par) to 41,100,000 Class A and 150,000 Class B shares (US$0.01 par). Outstanding Class A shares will fall from 363,907,905 (including 132,070,000 reserved for its ATM program) to approximately 3,639,079 (including 1,320,700 reserved), while Class B shares decrease from 70,875 to approximately 708.
3. Trading and Compliance Implications
No fractional shares will be issued; shareholders receiving fractional entitlements will receive one whole share instead. The consolidation streamlines the capital structure, potentially enhancing compliance with Nasdaq’s minimum bid price requirement and affecting liquidity and institutional eligibility.