Chanson International Holding Amends Warrants

Ticker: CHSN · Form: 6-K · Filed: Sep 25, 2024 · CIK: 1825349

Sentiment: neutral

Topics: warrants, amendment, filing

Related Tickers: CHSN

TL;DR

Chanson Intl Holding (CHSN) amended its warrants on Sept 24th. Watch for dilution.

AI Summary

On September 24, 2024, Chanson International Holding entered into amendments to its existing warrants. The company, incorporated in the Cayman Islands, is based in Urumqi, Xinjiang, China, and operates in the food and kindred products sector.

Why It Matters

Amendments to warrants can affect the potential dilution of existing shares and the financial structure of the company.

Risk Assessment

Risk Level: low — This filing is a routine report of amendments to warrants and does not indicate significant financial distress or operational changes.

Key Players & Entities

FAQ

What specific changes were made to the warrants?

The filing states that "certain amendments" were entered into, but the specific details of these amendments are not provided in this excerpt.

When did these warrant amendments become effective?

The amendments were entered into on September 24, 2024.

What is the primary business of Chanson International Holding?

Chanson International Holding is classified under the FOOD & KINDRED PRODUCTS sector.

Under which jurisdiction is Chanson International Holding incorporated?

The company is an exempted company with limited liability incorporated under the laws of the Cayman Islands.

What is the filing number for this report?

The Commission File Number for this report is 001-41663.

Filing Stats: 400 words · 2 min read · ~1 pages · Grade level 14.4 · Accepted 2024-09-25 16:05:24

Key Financial Figures

Filing Documents

From the Filing

OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2024 Commission File Number: 001-41663 Chanson International Holding B9 Xinjiang Chuangbo Zhigu Industrial Park No. 100 Guangyuan Road, Shuimogou District Urumqi, Xinjiang, China 830017 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F Entry into Warrant Amendments On September 24, 2024, Chanson International Holding, an exempted company with limited liability incorporated under the laws of Cayman Islands (the “ Company ”), entered into certain amendments (the “ Warrant Amendments ”) with holders (the “ Holders ”) of an aggregate of 8,980,251 Class A ordinary share purchase warrants to purchase 8,980,251 Class A ordinary shares, par value $0.001 per share (“ Class A Ordinary Shares ”), of the Company at an exercise price of $0.972 per share, exercisable within one year anniversary of the date of issuance of such warrants on September 17, 2024 (the “ Common Warrants ”). The Holders received the Common Warrants as part of a best efforts follow-on public offering of the Company on September 17, 2024. The Warrant Amendments removed an exercise limitation from the Common Warrants, which prohibited a Holder from exercising any portion of the Common Warrants to the extent that the Holder, together with its affiliates and any other persons acting as a group together with the Holder or any of the Holder’s affiliates, would own more than 4.99% of the number of Class A Ordinary Shares outstanding immediately after exercise. A copy of the form of Warrant Amendment is attached hereto as 4.1 and is incorporated by reference herein. The foregoing summary of the terms of Warrant Amendment is subject to, and qualified in its entirety by, such document. 1 EXHIBIT INDEX Exhibit No. Description 4.1 Form of Warrant Amendment dated September 24, 2024 2 SIGNATURE 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. Chanson International Holding Date: September 25, 2024 By: /s/ Gang Li Name: Gang Li Title: Chief Executive Officer, Director, and Chairman of the Board of Directors 3

View Full Filing

View this 6-K filing on SEC EDGAR

View on Read The Filing