Smart Share Global Completes Going-Private Merger, Initiates Nasdaq Delisting

summarizeSummary

Smart Share Global Ltd. has completed its going-private merger, with shareholders receiving $1.25 per ADS, and the company is initiating the process to delist from Nasdaq.

check_boxKey Events

• Merger Completion Announced

  Smart Share Global Ltd. has officially completed its merger, becoming a wholly-owned subsidiary of Mobile Charging Investment Limited.

• Cash Consideration for Shareholders

  Each American Depository Share (ADS) will be cancelled in exchange for US$1.25 in cash, while each ordinary share will receive US$0.625.

• Initiates Nasdaq Delisting

  The company has requested Nasdaq to suspend trading of its ADSs on April 30, 2026, and will file Form 25 for delisting and deregistration, followed by Form 15 to suspend reporting obligations.

• End of Public Trading

  This transaction marks the definitive end of Smart Share Global Ltd.'s status as a publicly traded company.

auto_awesomeAnalysis

Smart Share Global Ltd. has finalized its going-private merger, resulting in the company becoming a wholly-owned subsidiary and ceasing to be publicly traded. Shareholders will receive $1.25 in cash per ADS, a slight premium to the current trading price of $1.19. The company has requested Nasdaq to suspend trading and will proceed with delisting and deregistration, marking the definitive end of its public market presence. This follows the news of the merger completion reported yesterday, with this filing providing the official terms and procedural steps.