Cheer Holding, Inc. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K report covers the month of January 2026 for Cheer Holding, Inc., a foreign private issuer headquartered in Beijing, China. The filing primarily addresses the Company's regulatory status regarding its listing on The Nasdaq Capital Market.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The only quantitative financial data disclosed relates to capital structure:
- Outstanding Shares: 4,686,248 Class A ordinary shares as of the report date.
- Authorized Capital: Following a share consolidation, the authorized capital is US$500,700, divided into 10,000,000 Class A ordinary shares (par value US$0.05), 500,000 Class B ordinary shares (par value US$0.001), and 2,000,000 preferred shares (par value US$0.0001).
Material Changes and Corporate Actions
The Company executed a 50-for-1 share consolidation effective December 22, 2025, to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share. Prior to this action, the Company received a delisting determination in November 2025 after its closing bid price fell to $0.10 or less for ten consecutive trading days. The consolidation was approved by shareholders on May 12, 2025, and trading began on a post-consolidation-adjusted basis on December 23, 2025.
Outlook, Risks, and Management Commentary
On January 13, 2026, the Company presented its compliance plan to the Nasdaq Hearings Panel. On January 27, 2026, the Panel granted the Company's request to continue its listing, confirming that the Company regained compliance with the minimum bid price requirement. The immediate risk of delisting has been resolved pending continued adherence to listing standards.
Key Facts for Investor Verification
- Confirm the current trading price of the post-consolidated Class A shares to ensure sustained compliance with the $1.00 minimum bid price rule.
- Verify the exact number of outstanding shares (4,686,248) against recent market data to confirm no subsequent dilution or buybacks.
- Review the Company's upcoming financial reports (Form 20-F) for operational metrics, as this filing contains no revenue or earnings data.
- Monitor for any future Nasdaq communications regarding compliance with other listing standards beyond the minimum bid price.