CHSN

Chanson International Holding Announces Fiscal Year 2022 Financial Results

Retrieved on: 
Monday, May 1, 2023
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URUMQI, China, May 1, 2023 /PRNewswire/ -- Chanson International Holding (Nasdaq: CHSN) (the "Company" or "Chanson"), a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, today announced its financial results for the fiscal year ended December 31, 2022.

Key Points: 
  • URUMQI, China, May 1, 2023 /PRNewswire/ -- Chanson International Holding (Nasdaq: CHSN) (the "Company" or "Chanson"), a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, today announced its financial results for the fiscal year ended December 31, 2022.
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    Total revenue decreased by 9.7% to $13.3 million in fiscal year 2022, from $14.7 million in fiscal year 2021.
  • Revenue from China stores decreased by 25.8% to $9.5 million in fiscal year 2022 from $12.8 million in fiscal year 2021.
  • Revenue from bakery products decreased by 25.6% to $8.7 million in fiscal year 2022 from $11.7 million in fiscal year 2021.

HTFL and First Cover Sponsor for Inaugural EF Hutton Global Conference: Where Talk Meets Action

Retrieved on: 
Thursday, April 6, 2023
Morgan Stanley, SPAC, Heart, Insurance, Inauguration, SEC filing, IPO, S&P Global, North American Energy Infrastructure Act, Financial services, Private law, Health care, Loeb, Energy, Plaza Hotel, RIU Hotels, Sustainability, CHSN, Consumer, EF Hutton, UHY, Conference, NYSE, Real estate, Security (finance), Online shopping, Telecommunications

Along with HTFL and First Cover, esteemed companies such as Loeb & Loeb LLP, UHY LLP, Morgan Stanley, NASDAQ, and S&P Global are also sponsoring the conference.

Key Points: 
  • Along with HTFL and First Cover, esteemed companies such as Loeb & Loeb LLP, UHY LLP, Morgan Stanley, NASDAQ, and S&P Global are also sponsoring the conference.
  • EF Hutton, the host of this conference, is a highly-regarded investment bank specializing in the IPO and SPAC market.
  • Offering clients a comprehensive suite of services, EF Hutton covers the entire lifecycle of a SPAC, from formation to merger.
  • Another sponsor of the EF Hutton Global Conference, First Cover, is a New York-based risk, compliance, and corporate services provider.

Chanson International Holding Announces Closing of Initial Public Offering

Retrieved on: 
Monday, April 3, 2023
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Urumqi, China, April 03, 2023 (GLOBE NEWSWIRE) -- Chanson International Holding (Nasdaq: CHSN) (the “Company” or “Chanson”), a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, today announced the closing of its initial public offering (the “Offering”) of 3,390,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary share.

Key Points: 
  • Urumqi, China, April 03, 2023 (GLOBE NEWSWIRE) -- Chanson International Holding (Nasdaq: CHSN) (the “Company” or “Chanson”), a provider of bakery, seasonal, and beverage products through its chain stores in China and the United States, today announced the closing of its initial public offering (the “Offering”) of 3,390,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary share.
  • The Company received aggregate gross proceeds of US$13,560,000 from the Offering, before deducting underwriting discounts and other related expenses.
  • In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 508,500 Class A ordinary shares at the public offering price after the closing of this Offering, less underwriting discounts.
  • EF Hutton, division of Benchmark Investments, LLC (“EF Hutton”) acted as the sole book-running manager for the Offering.