Cheer Holding, Inc. Files Amendment to Annual Report on Form 20-F
Ticker: CHR · Form: 20-F/A · Filed: Apr 18, 2024 · CIK: 1738758
Sentiment: neutral
Topics: SEC Filing, Annual Report, Form 20-F, Cheer Holding, Nasdaq
TL;DR
<b>Cheer Holding, Inc. has filed an amendment to its 2023 annual report, providing updated information on its outstanding shares and trading instruments.</b>
AI Summary
Cheer Holding, Inc. (CHR) filed a Amended Foreign Annual Report (20-F/A) with the SEC on April 18, 2024. Cheer Holding, Inc. filed an amendment (20-F/A) to its annual report for the fiscal year ended December 31, 2023. The company's ordinary shares trade on The Nasdaq Stock Market under the symbol CHR. Warrants exercisable for ordinary shares trade under the symbol GSMGW on The Nasdaq Stock Market. As of December 31, 2023, Cheer Holding, Inc. had 10,070,012 ordinary shares outstanding. The company's principal executive offices are located in Beijing, China.
Why It Matters
For investors and stakeholders tracking Cheer Holding, Inc., this filing contains several important signals. This amendment updates the company's official filings with the SEC, ensuring transparency for investors regarding its corporate status and share structure. The filing confirms the trading symbols and exchange for its ordinary shares and warrants, which is crucial information for current and potential investors.
Risk Assessment
Risk Level: low — Cheer Holding, Inc. shows low risk based on this filing. The filing is an amendment to a routine annual report, indicating no significant new risks or material adverse events are being disclosed at this time.
Analyst Insight
Monitor future filings for any changes in financial performance or business operations that may impact the company's valuation.
Key Numbers
- 2023-12-31 — Fiscal Year End (Period covered by the annual report)
- 20-F/A — Filing Type (Amendment No. 1 to Form 20-F)
- 10,070,012 — Ordinary Shares Outstanding (As of December 31, 2023)
- CHR — Trading Symbol (Ordinary Shares on Nasdaq)
- GSMGW — Trading Symbol (Warrants on Nasdaq)
Key Players & Entities
- Cheer Holding, Inc. (company) — Registrant
- 20-F/A (filing) — Amendment to Annual Report
- December 31, 2023 (date) — Fiscal year end
- CHR (ticker) — Ordinary Shares trading symbol
- GSMGW (ticker) — Warrants trading symbol
- The Nasdaq Stock Market (company) — Exchange for CHR and GSMGW
- 10,070,012 (dollar_amount) — Ordinary shares outstanding as of December 31, 2023
- Bing Zhang (person) — Company Contact Person
FAQ
When did Cheer Holding, Inc. file this 20-F/A?
Cheer Holding, Inc. filed this Amended Foreign Annual Report (20-F/A) with the SEC on April 18, 2024.
What is a 20-F/A filing?
A 20-F/A is a amendment to a foreign private issuer annual report. This particular 20-F/A was filed by Cheer Holding, Inc. (CHR).
Where can I read the original 20-F/A filing from Cheer Holding, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Cheer Holding, Inc..
What are the key takeaways from Cheer Holding, Inc.'s 20-F/A?
Cheer Holding, Inc. filed this 20-F/A on April 18, 2024. Key takeaways: Cheer Holding, Inc. filed an amendment (20-F/A) to its annual report for the fiscal year ended December 31, 2023.. The company's ordinary shares trade on The Nasdaq Stock Market under the symbol CHR.. Warrants exercisable for ordinary shares trade under the symbol GSMGW on The Nasdaq Stock Market..
Is Cheer Holding, Inc. a risky investment based on this filing?
Based on this 20-F/A, Cheer Holding, Inc. presents a relatively low-risk profile. The filing is an amendment to a routine annual report, indicating no significant new risks or material adverse events are being disclosed at this time.
What should investors do after reading Cheer Holding, Inc.'s 20-F/A?
Monitor future filings for any changes in financial performance or business operations that may impact the company's valuation. The overall sentiment from this filing is neutral.
How does Cheer Holding, Inc. compare to its industry peers?
Cheer Holding, Inc. operates in the technology services sector, specifically computer processing and data preparation.
Are there regulatory concerns for Cheer Holding, Inc.?
The filing is made under the Securities Exchange Act of 1934, requiring annual reports from companies listed on U.S. exchanges.
Industry Context
Cheer Holding, Inc. operates in the technology services sector, specifically computer processing and data preparation.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, requiring annual reports from companies listed on U.S. exchanges.
What Investors Should Do
- Review the full amended 20-F filing for any detailed financial or operational updates.
- Track Cheer Holding's stock performance (CHR) and warrant activity (GSMGW) on Nasdaq.
- Monitor future SEC filings for any significant changes or disclosures.
Key Dates
- 2023-12-31: Fiscal Year End — The period covered by the annual report filing.
- 2024-04-18: Filing Date — Date the amendment to the 20-F was filed with the SEC.
Year-Over-Year Comparison
This is an amendment to the previously filed 20-F for the fiscal year ended December 31, 2023, primarily updating details on outstanding shares and trading instruments.
Filing Stats: 1,799 words · 7 min read · ~6 pages · Grade level 12.6 · Accepted 2024-04-18 16:01:11
Key Financial Figures
- $0.001 — registered Ordinary Shares, par value $0.001 per share CHR The Nasdaq Stock Market
- $11.50 — for one-half of one Ordinary Share, for $11.50 per whole Ordinary Share GSMGW The Nasd
Filing Documents
- ea0204170-20fa1_cheer.htm (20-F/A) — 60KB
- ea020417001ex12-1_cheer.htm (EX-12.1) — 10KB
- ea020417001ex13-1_cheer.htm (EX-13.1) — 4KB
- ea020417001ex15-1_cheer.htm (EX-15.1) — 3KB
- fin_001.jpg (GRAPHIC) — 14KB
- ex15-1_001.jpg (GRAPHIC) — 14KB
- 0001213900-24-034105.txt ( ) — 395KB
- chr-20231231.xsd (EX-101.SCH) — 4KB
- chr-20231231_def.xml (EX-101.DEF) — 21KB
- chr-20231231_lab.xml (EX-101.LAB) — 42KB
- chr-20231231_pre.xml (EX-101.PRE) — 22KB
- ea0204170-20fa1_cheer_htm.xml (XML) — 9KB
FINANCIAL
Item 18. FINANCIAL The consolidated financial statements of Cheer Holding, Inc., and its subsidiaries are included at the end of this annual report.
EXHIBITS
Item 19. EXHIBITS EXHIBIT INDEX Exhibit No. Description 12.1 Certifications of the Chief Executive Officer and Chief Financial Officer under Section 302 of the Sarbanes-Oxley Act. 13.1* Certifications of the Chief Executive Officer and Chief Financial Officer under Section 906 of the Sarbanes-Oxley Act. 15.1 Consent of Assentsure PAC 101.INS Inline XBRL Instance Document 101.SCH Inline XBRL Taxonomy Extension Schema 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase 101.LAB Inline XBRL Taxonomy Extension Label Linkbase 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) * Furnished herewith. 1
SIGNATURES
SIGNATURES The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this annual report on its behalf. Cheer Holding, Inc. By: /s/ Bing Zhang Name: Bing Zhang Title: Chief Executive Officer Date: April 18, 2024 2 Assentsure PAC UEN - 201816648N 180B Bencoolen Street, #03-01 The Bencoolen, Singapore 189648 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Shareholders and the Board of Directors of Cheer Holding, Inc. Opinion on the Financial Statements We have audited the accompanying consolidated balance sheets of Cheer Holding, Inc. and its subsidiaries (collectively, the "Company", formerly known as "Glory Star New Media Group Holdings Limited") as of December 31, 2023 and 2022, and the related consolidated statements of income and comprehensive income, shareholders' equity, and cash flows for the years ended December 31, 2023, 2022 and 2021, and the related notes (collectively referred to as the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2023 and 2022 and the results of its operations and its cash flows for the years ended December 31, 2023, 2022 and 2021, in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"). Basis for Opinion These consolidated financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's consolidated financial (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities a