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Contract Type
partnership
Description
Chanson International Holding announced the pricing of a best-efforts public offering of 8,980,251 Class A ordinary shares and 8,980,251 common warrants at a combined offering price of $0.81 per share and accompanying warrant. The Company expects to receive aggregate gross proceeds of $7.274 million from the Offering, before deducting offering expenses and commissions, excluding the exercise of any Common Warrants. The net proceeds will be used for opening new stores in China and in U.S.