Law Offices of Frank R. Cruz Encourages ChowChow Cloud International Holdings Limited (CHOW) Shareholders To Inquire About Securities Fraud Class Action

Law Offices of Frank R. Cruz Encourages ChowChow Cloud International Holdings Limited (CHOW) Shareholders To Inquire About Securities Fraud Class Action LOS ANGELES--( BUSINESS WIRE)-- The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired ChowChow Cloud International Holdings Limited (“CHOW” or the “Company”) (NYSE: CHOW) securities between September 16, 2025 and December 10, 2025, inclusive (the “Class Period”). CHOW investors have until May 12, 2026 to file a lead plaintiff motion.

IF YOU SUFFERED A LOSS ON YOUR CHOWCHOW CLOUD INTERNATIONAL HOLDINGS LIMITED (CHOW) INVESTMENTS, CLICK HERE TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT.

You can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@frankcruzlaw.com, by telephone at (310) 914-5007, or visit our website at www.frankcruzlaw.com.

What Happened?

On or around September 16, 2025, CHOW conducted its initial public offering (“IPO”), selling 2.6 million ordinary shares at $4.00 per share. Following the IPO, the Company experienced a surge in pricing activity and volume in the absence of any news concerning, or filings by the Company. However, the Company did not warn investors of the materialized risk that CHOW’s ordinary shares were the subject of a market manipulation scheme designed to “pump and dump” the Company’s shares and leave investors with staggering losses.

On December 10, 2025, the scheme was revealed and trading of CHOW’s stock was halted twice due to volatility from market manipulation. Investigation and public reports have revealed that impersonators acting as financial advisors touted CHOW in online forums, chat groups, and social media posts with baseless claims to create a buying frenzy amongst retail investors.

On this date, CHOW’s stock price fell $9.87, or 84.3%, to close at $1.83 per share on December 10, 2025, thereby injuring investors.

What Is The Lawsuit About?

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) CHOW was the subject of a market manipulation and fraudulent promotion scheme involving social-media based misinformation and impersonators posing as financial professionals; (2) CHOW’s public statements and risk disclosures omitted any mention of the realized risk of fraudulent trading or market manipulation used to drive the Company’s stock price; (3) that, as a result, CHOW securities were at unique risk of a sustained suspension in trading by NYSE American and severe volatility-induced decline; (4) that the sole underwriter on the IPO, Tiger Securities, had been fined and censured by the Financial Industry Regulatory Authority (“FINRA”) in April 2025 for failing to have a reasonable system in place to identify potentially suspicious deposits of low-priced securities; and (5) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased CHOW securities, wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please click HERE or contact us at:

Law Offices of Frank R. Cruz

2121 Avenue of the Stars, Suite 800

Telephone: 310-914-5007

Email: info@frankcruzlaw.com

Visit our website at: www.frankcruzlaw.com

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