Core Viewpoint - Monster Charging has announced its plan to go private and delist from NASDAQ, following an agreement with an investor consortium to acquire shares at $1.25 per American Depositary Share (ADS), representing a premium of 8.7% to 74.8% [3] Group 1: Privatization Details - The acquisition values Monster Charging at approximately $327 million, with the transaction expected to complete by Q4 2025, pending shareholder approval and regulatory clearance [3] - The company has experienced a decline in revenue, with total income dropping from 28.245 billion RMB in 2022 to 20.339 billion RMB in 2023, and further down to 19.781 billion RMB in 2024 [3] Group 2: Company Background - Monster Charging was founded in May 2017 and went public on NASDAQ on April 1, 2021, becoming the first publicly listed company in the shared charging industry in China [3] - Major investors include Alibaba, Hillhouse Capital, CMC, SoftBank Asia, and Xiaomi, with Hillhouse Capital being the largest financial investor after participating in multiple funding rounds [3] Group 3: Future Aspirations - The CEO, Cai Guangyuan, previously expressed ambitions to create a comprehensive, digitally-driven shared charging network, indicating ongoing aspirations despite the current privatization move [4]
怪兽充电CEO蔡光渊曾说要打造“无所不在的充电网络” 如今却要退市
Sou Hu Cai Jing·2025-08-25 08:38