Chanson International Holding is seeking shareholder approval at an extraordinary general meeting on October 26, 2026, to execute a complex share capital reorganization. The proposals include increasing authorized share capital from US$412,500 to US$412.5 billion, reducing the par value of issued shares from US$0.01 to US$0.000000001, and consolidating every 100 existing shares into one new share with a par value of US$0.0000001. The consolidation is scheduled to take effect ten clear days after the capital reduction becomes effective or on a later date approved by Nasdaq. This corporate action aims to adjust the company's capital structure and potentially address listing requirements. Chanson International Holding operates in the technology sector, focusing on industrial internet of things solutions.
