Group 1 - Geely Auto announced a privatization plan for its indirect subsidiary, Zeekr Intelligent Technology Holdings Limited, expected to be completed by 2025, aimed at resource integration and enhancing competitiveness in the electric vehicle market [2] - The merger agreement offers a purchase price of $2.687 per Zeekr share or $26.87 per American Depositary Share, with eligible shareholders having the option to receive cash or exchange for newly issued shares of Geely Auto at a price of HKD 17.15 per share [2] - Following the privatization, Zeekr will become a wholly-owned subsidiary of Geely Auto and plans to delist from the New York Stock Exchange [2] Group 2 - The privatization transaction requires approval from Geely Auto's independent shareholders, with an independent board committee established to provide recommendations [3] - The independent board committee has engaged an independent financial advisor to assess the fairness and reasonableness of the transaction terms [3] - A special shareholder meeting is scheduled for September 5, 2025, in Hong Kong to consider and approve the proposed transaction [3]
极氪汽车私有化方案出炉：要约价为2.687美元/股，将于9月15日召开审批会议