Chanson International Holding Class A ( (CHSN) ) has issued an announcement.
On March 10, 2025, Chanson International Holding received a notification from Nasdaq indicating that its Class A ordinary shares failed to meet the minimum bid price requirement of $1 per share for 30 consecutive business days. While this notification does not immediately affect the trading of its shares, Chanson has been given until September 8, 2025, to regain compliance. The company is exploring options to address the deficiency, including a potential reverse stock split, but there is no guarantee of success. Failure to comply could lead to delisting from Nasdaq, impacting the company’s market presence and investor confidence.
More about Chanson International Holding Class A
Founded in 2009, Chanson International Holding is a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States. Headquartered in Urumqi, China, Chanson operates 46 stores in China and three in New York City, offering both packaged and freshly prepared bakery products along with a variety of beverages. The company focuses on creating healthy, nutritious, and ready-to-eat food, leveraging advanced facilities and market research to meet customer demand.
YTD Price Performance: -95.39%
Average Trading Volume: 2,320,351
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.14M
For a thorough assessment of CHSN stock, go to TipRanks’ Stock Analysis page.
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