Cheer Holding Closes $8.5M Best Efforts Offering
Ticker: CHR · Form: 6-K · Filed: Oct 2, 2025 · CIK: 1738758
| Field | Detail |
|---|---|
| Company | Cheer Holding, INC. (CHR) |
| Form Type | 6-K |
| Filed Date | Oct 2, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $8.5 Million, $8.5 m, $0.001, $0.67, $0.67 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: offering, financing, china
TL;DR
Cheer Holding just closed an $8.5M offering, bringing in fresh cash.
AI Summary
On October 1, 2025, Cheer Holding, Inc. announced the pricing and closing of an $8.5 million best efforts offering. The company, formerly known as Glory Star New Media Group Holdings Ltd, is based in Beijing, China.
Why It Matters
This offering provides Cheer Holding with additional capital, which could be used for expansion or operational improvements, potentially impacting its future growth and market position.
Risk Assessment
Risk Level: medium — Best efforts offerings can indicate less certainty in fundraising compared to fully underwritten offerings, and the amount raised is significant relative to typical filings.
Key Numbers
- $8.5M — Offering Size (Amount raised in the best efforts offering on October 1, 2025.)
Key Players & Entities
- Cheer Holding, Inc. (company) — Filer of the report
- $8.5 million (dollar_amount) — Amount of the best efforts offering
- October 1, 2025 (date) — Date of the offering's pricing and closing
- Glory Star New Media Group Holdings Ltd (company) — Former name of Cheer Holding, Inc.
- TKK Symphony Acquisition Corp (company) — Another former name of Cheer Holding, Inc.
FAQ
What is the purpose of the $8.5 million raised in the best efforts offering?
The filing does not specify the exact use of the $8.5 million raised, but such funds are typically used for general corporate purposes, expansion, or operational needs.
When did Cheer Holding, Inc. change its name from Glory Star New Media Group Holdings Ltd?
Cheer Holding, Inc. changed its name from Glory Star New Media Group Holdings Ltd on February 19, 2020.
What type of offering was the $8.5 million transaction?
The $8.5 million transaction was a 'best efforts' offering.
Where is Cheer Holding, Inc. located?
Cheer Holding, Inc. is located at 19F, Block B, Xinhua Technology Building, No. 8 Tuofangying South Road, Jiuxianqiao, Chaoyang District, Beijing, China.
What is the SIC code for Cheer Holding, Inc.?
The Standard Industrial Classification (SIC) code for Cheer Holding, Inc. is 7374, which corresponds to SERVICES-COMPUTER PROCESSING & DATA PREPARATION.
Filing Stats: 1,275 words · 5 min read · ~4 pages · Grade level 12 · Accepted 2025-10-02 17:02:28
Key Financial Figures
- $8.5 Million — 20-F Form 40-F Pricing and Closing of $8.5 Million Best Efforts Offering On October 1, 2
- $8.5 m — roceeds to the Company of approximately $8.5 million, before deducting placement agent
- $0.001 — rdinary share of the Company, par value $0.001 per share (the “Class A Share&rdq
- $0.67 — public offering price of the Units was $0.67 per Unit. Subject to limited exception
- $0.67 m — o the public offering price per Unit of $0.67 minus $0.001, and the exercise price of e
- $0 — offering price per Unit of $0.67 minus $0.001, and the exercise price of each Pre
- $0.7035 — arrant has an initial exercise price of $0.7035 per Class A Share and are exercisable b
- $150,000 — sts and expenses in the amount of up to $150,000. Pursuant to the Securities Purchase A
Filing Documents
- ea0260025-6k_cheer.htm (6-K) — 21KB
- ea026002501ex4-1_cheer.htm (EX-4.1) — 111KB
- ea026002501ex4-2_cheer.htm (EX-4.2) — 137KB
- ea026002501ex4-3_cheer.htm (EX-4.3) — 121KB
- ea026002501ex10-1_cheer.htm (EX-10.1) — 260KB
- ea026002501ex10-2_cheer.htm (EX-10.2) — 201KB
- 0001213900-25-095497.txt ( ) — 853KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Cheer Holding, Inc. By: /s/ Bing Zhang Name: Bing Zhang Title: Chief Executive Officer Dated: October 2, 2025 3