Cheer Holding Clarifies Shareholder Rights and Share Structure

Cheer Holding (CHR) has released an update.

Cheer Holding, Inc. has detailed its share structure and governance in a recent SEC filing, reporting over 10 million Class A and 500,000 Class B shares currently issued. The company outlines shareholder rights, including dividends for Class A shares, substantial voting power for Class B shares, and conditions for share transfers and liquidation. Additionally, Cheer Holding highlights its ability to issue, redeem, and repurchase shares under specific terms, emphasizing adherence to the Cayman Islands legal framework.

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