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Cheer Holding ( (CHR) ) just unveiled an update.
On April 2, 2026, Cheer Holding announced it will implement a 1-for-3 share consolidation of its Class A ordinary shares, effective at 4:05 p.m. New York time on April 6, 2026. The company’s Class A shares will continue to trade on Nasdaq under the symbol CHR and will begin trading on a post-consolidation basis on April 7, 2026, with a new CUSIP G39973139.
Following the consolidation, authorized Class A share capital will be reduced from 10,000,000 shares at US$0.05 par value to 3,333,333 shares at US$0.15 par value, and outstanding Class A shares will decline from 4,686,248 to about 1,562,083, subject to rounding. The move is primarily aimed at boosting the per-share trading price to help Cheer Holding maintain compliance with Nasdaq’s continued listing requirements, with related equity instruments adjusted proportionately and fractional shares rounded up.
The most recent analyst rating on (CHR) stock is a Hold with a $0.91 price target. To see the full list of analyst forecasts on Cheer Holding stock, see the CHR Stock Forecast page.
Spark’s Take on CHR Stock
According to Spark, TipRanks’ AI Analyst, CHR is a Neutral.
The score is held up by solid underlying financial quality—especially a strong, low-leverage balance sheet and historically healthy profitability—but pressured by weakening operating momentum (multi-year revenue declines and inconsistent free cash flow) and very weak technicals (broad downtrend with negative MACD despite oversold readings).
To see Spark’s full report on CHR stock, click here.
More about Cheer Holding
Cheer Holding, Inc. is a Beijing-based provider of next-generation mobile internet infrastructure and platform services. The company operates a comprehensive digital ecosystem that integrates platforms, applications, technology and industry, focusing on AI-driven content creation, e-commerce and metaverse development for global digital economy participants.
Average Trading Volume: 102,935
Technical Sentiment Signal: Sell
Current Market Cap: $4.46M
Find detailed analytics on CHR stock on TipRanks’ Stock Analysis page.