Cheer Holding Receives Two Buyout Proposals for All Outstanding Shares

Reuters11-05

Cheer Holding Receives Two Buyout Proposals for All Outstanding Shares

Cheer Holding Inc. has received two preliminary non-binding proposals to acquire all of its outstanding Class A ordinary shares. One proposal, dated November 1, 2025, comes from Zhongsheng Dingxin Investment Fund Management (Beijing) Co., Ltd., offering $0.56 per share in cash. The second proposal, dated November 4, 2025, is from Excel Ally Ventures Limited, offering $0.52 per share in cash. The company's board will form a special committee of independent directors to evaluate these proposals and other potential strategic alternatives. No decisions have been made regarding these proposals, and there is no assurance that any agreement will be executed or that any transaction will be completed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cheer Holding Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9569267-en) on November 05, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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