Chanson International Holding Announces 80 for 1 Share Consolidation
1. Chanson announced an 80-for-1 share consolidation effective August 18, 2025. 2. This consolidation aims to comply with Nasdaq rule 5550(a)(2). 3. Class A shares will convert from 85.91 million to about 1.07 million. 4. Company equity will maintain a $5 million capital structure post-consolidation. 5. Chanson operates stores in China and New York, focusing on bakery products.