<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0002108573-26-000001</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002108573</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Class A Ordinary Shares, par value $0.15 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/22/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001738758</issuerCik>
        <issuerName>Cheer Holding, Inc.</issuerName>
        <issuerCusips>
          <issuerCusipNumber>G39973139</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>19F, BLOCK B, XINHUA TECHNOLOGY BUILDING</com:street1>
          <com:street2>19F, BLOCK B, XINHUA TECHNOLOGY BUILDING</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>Brueckner Frank Ulrich</reportingPersonName>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Cheer Holding, Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>19F, BLOCK B, XINHUA TECHNOLOGY BUILDING, 19F, BLOCK B, XINHUA TECHNOLOGY BUILDING, CHAOYANG DISTRICT, BEIJING, CHINA, 100016.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Brueckner Frank Ulrich</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Im Hebetal 12, D-07778 Tautenburg, Germany</principalBusinessOfficeOrResidenceAddress>
        <citizenship>German</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>178918</amountBeneficiallyOwned>
        <classPercent>9,7% The filling percentages are based on the total of: (i) 1845453 Class A ordinary shares published by CHR Cheer Holding on 30.06.2026</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>178918</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>178918</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item6>
        <notApplicableFlag>N</notApplicableFlag>
        <ownershipMoreThan5PercentOnBehalfOfAnotherPerson>none</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
      </item6>
      <item7>
        <notApplicableFlag>N</notApplicableFlag>
        <subsidiaryIdentificationAndClassification>Not Applicable</subsidiaryIdentificationAndClassification>
      </item7>
      <item8>
        <notApplicableFlag>N</notApplicableFlag>
        <identificationAndClassificationOfGroupMembers>Not Applicable</identificationAndClassificationOfGroupMembers>
      </item8>
      <item9>
        <notApplicableFlag>N</notApplicableFlag>
        <groupDissolutionNotice>Not Applicable</groupDissolutionNotice>
      </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 &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Brueckner Frank Ulrich</reportingPersonName>
      <signatureDetails>
        <signature>Brueckner Frank Ulrich</signature>
        <title>Mr</title>
        <date>08/13/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
