Chanson international holding announces closing of $7.274 million public offering

Urumqi, china, sept. 17, 2024 (globe newswire) -- chanson international holding (nasdaq: chsn) (the "company" or "chanson"), a provider of bakery, seasonal, and beverage products through its chain stores in china and the united states, today announced the closing of a best-efforts public offering (the “offering”) of 8,980,251 class a ordinary shares (“class a ordinary shares”) of the company, and 8,980,251 common warrants (“common warrants”) to purchase 8,980,251 class a ordinary shares, at a combined offering price of $0.81 per share and accompanying warrant. the common warrants have an exercise price of $0.972 per share. the company received aggregate gross proceeds of $7.274 million from the offering, before deducting offering expenses and commissions, excluding the exercise of any common warrants.
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