Chanson Shareholders Approve 100-for-1 Reverse Split and Massive Authorized Share Increase
CHSN sits 36% above its 52-week low of $0.7 on light trading volume (0.1× avg).
Summary
Chanson shareholders approved a capital reorganization that raises authorized share capital to 41.1 trillion Class A shares and a 100-for-1 reverse split effective 10 clear days after the reorganization, or later if Nasdaq requires. The split fixes the share price mechanically; the huge authorized pool is potential future dilution, not shares issued.
Key Events · Corporate Governance and Compliance · CHSN
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EGM Approves Capital Reorganization
On October 26, 2026 shareholders approved increasing authorized capital to US$412,500,000,000 divided into 41,100,000,000,000 Class A and 150,000,000,000 Class B shares, then reducing par value to US$0.000000001 and reorganizing to US$41,250 total authorized capital.
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100-for-1 Reverse Split Approved
Every 100 Class A and Class B shares consolidate into one share of US$0.0000001 par value, effective 10 clear days after the capital reorganization or such later date as Nasdaq approves; fractional shares round up.
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Massive Authorized Share Headroom
The company is authorized to issue up to 41.1 trillion Class A shares post-reorganization — permission only, no shares were sold in this filing. Combined with the existing $219M ATM program, the board has room for very heavy future dilution.
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Articles Amended and Restated
New memorandum and articles (Exhibit 3.1) were adopted, codifying the capital structure and 80 votes per Class B share approved at the August 2026 meeting.
Analysis · CHSN · Manufacturing
The October 26 EGM passed everything management asked for: authorized capital balloons to 41.1 trillion Class A shares at a par value of US$0.000000001, then a 100-for-1 consolidation takes effect 10 clear days later (or later if Nasdaq requires). The consolidation lifts the trading price mechanically, but the far bigger fact is the enormous authorized share pool — permission to issue, not issuance — which gives the board room to dilute existing holders heavily, on top of the existing $219M ATM program. No shares were sold in this filing.
How filings like this one have moved
In the 30 days to Oct 27, 2026, 29.9% of the 1374 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CHSN was trading at $0.95 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $2.3M. The 52-week trading range was $0.70 to $331.00. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.