<SEC-DOCUMENT>0001079973-25-001725.txt : 20251114
<SEC-HEADER>0001079973-25-001725.hdr.sgml : 20251114
<ACCEPTANCE-DATETIME>20251114081149
ACCESSION NUMBER:		0001079973-25-001725
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251114
DATE AS OF CHANGE:		20251114

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Cheer Holding, Inc.
		CENTRAL INDEX KEY:			0001738758
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		ORGANIZATION NAME:           	06 Technology
		EIN:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-90609
		FILM NUMBER:		251481370

	BUSINESS ADDRESS:	
		STREET 1:		19F, BLOCK B, XINHUA TECHNOLOGY BUILDING
		STREET 2:		NO. 8 TUOFANGYING SOUTH RD, JIUXIANQIAO
		CITY:			CHAOYANG DISTRICT, BEIJING
		STATE:			F4
		ZIP:			100016
		BUSINESS PHONE:		86-13810355988

	MAIL ADDRESS:	
		STREET 1:		19F, BLOCK B, XINHUA TECHNOLOGY BUILDING
		STREET 2:		NO. 8 TUOFANGYING SOUTH RD, JIUXIANQIAO
		CITY:			CHAOYANG DISTRICT, BEIJING
		STATE:			F4
		ZIP:			100016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GLORY STAR NEW MEDIA GROUP HOLDINGS Ltd
		DATE OF NAME CHANGE:	20200219

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TKK SYMPHONY ACQUISITION Corp
		DATE OF NAME CHANGE:	20180426

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			S.H.N. Financial Investments Ltd.
		CENTRAL INDEX KEY:			0001890802
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		3 ARIK EINSTEIN ST.
		STREET 2:		B ENTRANCE
		CITY:			HERZLIYA
		STATE:			L3
		ZIP:			4610301
		BUSINESS PHONE:		927(0)779800501

	MAIL ADDRESS:	
		STREET 1:		3 ARIK EINSTEIN ST.
		STREET 2:		B ENTRANCE
		CITY:			HERZLIYA
		STATE:			L3
		ZIP:			4610301
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001079973-25-001581</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: S.H.N. Financial Investments Ltd. -->
          <cik>0001890802</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Class A Ordinary Shares, par value $0.001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>11/14/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001738758</issuerCik>
        <issuerName>Cheer Holding, Inc.</issuerName>
        <issuerCusip>G39973204</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>19F, Block B, Xinhua Technology Bldg</com:street1>
          <com:street2>No. 8 Tuofangying South Rd, Jiuxianqiao</com:street2>
          <com:city>Chaoyang District, Beijing</com:city>
          <com:stateOrCountry>F4</com:stateOrCountry>
          <com:zipCode>100016</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>S.H.N. Financial Investments Ltd.</reportingPersonName>
      <citizenshipOrOrganization>L3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>2537313.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>2537313.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2537313.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.8</classPercent>
      <typeOfReportingPerson>FI</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Cheer Holding, Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>19F, Block B, Xinhua Technology Bldg, No. 8 Tuofangying South Road, Jiuxianqiao, Chaoyang District, Beijing, China 100016</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>S.H.N. Financial Investments Ltd.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Herzliya Hills
Arik Einstein 3, Israel, 4610301</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Israel</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>2,537,313

This amendment refers to a Schedule 13G filed with the Securities and Exchange Commission on October 9, 2025, covering 2,432,016 Class A Ordinary Shares purchased on October 2, 2025. The amounts in Row (5), (7) and (9) include 2,537,313 Series A Warrants to purchase Class A Ordinary Shares. The percentage set forth on Row (11) of the cover page for the reporting person is based on 89,309,902 Class A Ordinary Shares outstanding as of November 5, 2025, based on the Issuer's Prospectus Supplement filed under Rule 424(b)(5) with the Securities and Exchange Commission on November 6, 2025.

Nir Shamir is the Chief Executive Officer of the Reporting Person. As such, Mr. Shamir may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the securities described herein. To the extent Mr. Shamir is deemed to beneficially own such securities, Mr. Shamir disclaims beneficial ownership of these securities for all other purposes.</amountBeneficiallyOwned>
        <classPercent>2.8%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>2,537,313</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>2,537,313</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>S.H.N. Financial Investments Ltd.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Nir Shamir</signature>
        <title>Nir Shamir, Chief Executive Officer</title>
        <date>11/14/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
