SEC Suspends Trading of Chanson International Holding
Ticker: CHSN · Form: 6-K · Filed: Oct 8, 2024 · CIK: 1825349
Sentiment: bearish
Topics: trading-suspension, sec-action, regulatory-news
Related Tickers: CHSN
TL;DR
SEC just suspended trading for Chanson International Holding (CHSN) - big red flag!
AI Summary
Chanson International Holding announced on October 7, 2024, that the U.S. Securities and Exchange Commission (SEC) issued an order to suspend trading of the Company's securities. The filing does not specify a reason or duration for the suspension.
Why It Matters
A trading suspension by the SEC can significantly impact a company's stock liquidity and investor confidence, potentially leading to price volatility and difficulty in trading shares.
Risk Assessment
Risk Level: high — An SEC trading suspension is a severe regulatory action that indicates significant concerns about the company's compliance or financial health.
Key Players & Entities
- Chanson International Holding (company) — Company subject to trading suspension
- U.S. Securities and Exchange Commission (company) — Regulator issuing trading suspension
- October 7, 2024 (date) — Date SEC issued trading suspension order
FAQ
What is the specific reason for the SEC's trading suspension order against Chanson International Holding?
The provided filing states that the SEC issued an order suspending trading but does not specify the reason for this action.
When was the trading suspension order issued by the SEC?
The SEC issued the order suspending trading on October 7, 2024.
What is the ticker symbol for Chanson International Holding?
The filing does not explicitly state the ticker symbol, but it is implied to be associated with the company's SEC filings.
Does the filing indicate how long the trading suspension will last?
No, the filing mentions the suspension order but does not provide information on its duration.
What type of filing is this for Chanson International Holding?
This is a Form 6-K, which is a Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
Filing Stats: 246 words · 1 min read · ~1 pages · Grade level 11.9 · Accepted 2024-10-08 17:25:02
Filing Documents
- ea021712901-6k_chansonintern.htm (6-K) — 9KB
- 0001213900-24-086324.txt ( ) — 10KB
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 October 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 Suspension of Trading On October 7, 2024, Chanson International Holding (the “Company”) received from the U.S. Securities and Exchange Commission (the “SEC”) an order suspending trading in the Company’s securities for the period from 4:00 a.m. EDT on October 8, 2024, through 11:59 p.m. EDT on October 21, 2024, which order is available at https://www.sec.gov/enforcement-litigation/trading-suspensions. On October 8, 2024, the Company received an information request from The Nasdaq Stock Market LLC (“Nasdaq”) for certain information and documents. The Company has not participated in any price manipulation activity and will fully cooperate with both the SEC and Nasdaq. 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: October 8, 2024 By: /s/ Gang Li Name: Gang Li Title: Chief Executive Officer, Director, and Chairman of the Board of Directors