Chanson International Holding has announced the pricing of an $8 million public offering. The offering consists of 16,000,000 units, each priced at $0.50, and includes one Class A ordinary share or a pre-funded warrant, along with Series A and B warrants to purchase additional shares. The Series A and B warrants have an exercise price of $0.525 per share and are exercisable until two and a half years from the issuance date. The offering, managed by Univest Securities, LLC, is expected to close around June 16, 2025, pending customary conditions. Proceeds from this offering will be used to expand Chanson's store presence in China and the U.S., with allocations based on market conditions.
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