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News  ›  GlobeNewswire Inc.

Cheer Holding Receives Nasdaq Delisting Notice Subject to Hearing Request

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Connie Kang
Cheer Holding Receives Nasdaq Delisting Notice Subject to Hearing Request

Cheer Holding received a Nasdaq notice indicating potential delisting due to low stock price, with shares closing below $0.10 for ten consecutive trading days. The company plans to appeal the delisting determination and is considering options like share consolidation to regain compliance.

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CHR   negative

Company faces potential delisting from Nasdaq due to sustained low stock price, which threatens its market listing and investor confidence