Chanson International Holding - Class A Ordinary Shares (CHSN)

Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Chanson International Holding (NASDAQ: CHSN) resulting from allegations that Chanson International Holding may have issued materially misleading business information to the investing public.

• Well Established Provider of Popular Bakery, Seasonal and Beverage Products.

Chanson (NASDAQ: CHSN), a provider of bakery, seasonal and beverage products through its chain stores in China and the United States, has announced the closing of its initial public offering of 3,390,000 Class A ordinary shares, each at a public offering price of US$4.00. The Class A ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol CHSN on March 30, 2023. The company received US$13,560,000 in aggregate gross proceeds of from the offering, of which net proceeds will be used to open new stores in the United States. In addition, Chanson 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, less underwriting discounts. EF Hutton, division of Benchmark Investments LLC, acted as the sole book-running manager for the offering. Hunter Taubman Fischer & Li LLC acted as U.S. counsel to the company, and Ortoli Rosenstadt LLP acted as U.S. counsel to EF Hutton.