Cheer Holding shares surge 10.96% after-hours after retaining Nasdaq listing via 50-for-1 share consolidation.

Cheer Holding surged 10.96% in after-hours trading following confirmation that it retained its Nasdaq listing after a 50-for-1 share consolidation. The company had previously faced delisting risks in late 2025 due to its share price falling below Nasdaq’s minimum thresholds. The consolidation, which reduces the number of shares outstanding, effectively raised the per-share price to meet compliance requirements, alleviating investor concerns over potential delisting. While a second news item from Yahoo Finance referenced general stock performance metrics without specific details, the primary catalyst for the after-hours rally was the resolution of the listing uncertainty. The move underscores renewed confidence in the company’s ability to maintain market access and operational stability.