Cheer Holding Evaluates Acquisition Proposals Amid Strategic Review

Tip Ranks
2025.11.18 13:27
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Cheer Holding, Inc. has formed a special committee to evaluate two non-binding acquisition proposals for its Class A shares from Zhongsheng Dingxin Investment Fund Management and Excel Ally Ventures Limited, priced at $0.56 and $0.52 per share, respectively. The board has not yet made any decisions. The company's stock is rated as Hold with a $0.50 price target, and its financial performance is strong but offset by bearish technical indicators.