Core Viewpoint - Smart Share Global Limited, also known as Energy Monster, is evaluating a non-binding "going private" proposal from Trustar Mobile Charging Holdings Limited and key executives of the company [1][2]. Company Overview - Smart Share Global Limited is a leading consumer tech company in China, specializing in mobile device charging services, holding the largest market share in this sector [3]. - The company operates a network of power banks available at various points of interest (POIs) including entertainment venues, restaurants, shopping centers, hotels, and transportation hubs [3]. - As of June 30, 2024, Energy Monster had deployed 9.5 million power banks across 1,267,000 POIs in over 2,100 counties and county-level districts in China [3].
Smart Share Global Limited Special Committee Retains Financial Advisor and Legal Counsel