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Cheer Holding announces one-for-three share consolidation

Cheer Holding (CHR) announced that it intends to effect a share consolidation of its ordinary shares at a ratio of one post-split Class A ordinary share for every three pre-split ordinary shares so that every three shares issued and outstanding will be combined into one share. The share consolidation will become effective at 4:05 p.m. on April 6.

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