Chanson International Holding Announces $30 Million Private Placement of Class A Shares
Reuters
Nov 08
Chanson International Holding Announces $30 Million Private Placement of Class A Shares
Chanson International Holding has announced it has entered into a securities purchase agreement with certain investors for a private placement of 37,500,000 Class A Ordinary Shares at a subscription price of $0.80 per share. The investors have agreed to a one-year lock-up restriction. The private placement is expected to close in November 2025, subject to customary conditions. Proceeds from the offering will be used to expand manufacturing capacities, open new stores, and for general corporate purposes.
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