Chanson International Holding (NASDAQ: CHSN) announced a 100-to-1 share consolidation effective May 7, 2026. The bakery and beverage retailer with operations in China and the United States will combine every 100 ordinary shares into one share without requiring shareholder action.

The company's Class A ordinary shares will continue trading on the Nasdaq Capital Market under the same "CHSN" symbol but with a new CUSIP number G2104U115. No fractional shares will be issued, and shareholders will receive one whole share in place of any fractional share resulting from the consolidation.

The consolidation will change the company's authorized share capital structure. Class A ordinary shares will decrease from 4.11 billion shares with $0.0001 par value to 41.1 million shares with $0.01 par value. Class B ordinary shares will reduce from 15 million shares with $0.0001 par value to 150,000 shares with $0.01 par value. The total authorized capital remains $412,500.

Outstanding shares will be significantly reduced following the consolidation. Class A ordinary shares will decrease from 363.9 million shares as of May 4, 2026, to approximately 3.6 million shares. This includes shares reserved for the company's at-the-market offering program, which will drop from 132.1 million to approximately 1.3 million shares. Class B ordinary shares will decrease from 70,875 to approximately 708 shares.

Chanson operates bakery stores in China and the United States, managing 63 stores in China and three stores in New York City. The company was founded in 2009 and is headquartered in Urumqi, China.