Smart Share Global Limited to Hold Extraordinary General Meeting of Shareholders

Core Viewpoint - Smart Share Global Limited, also known as Energy Monster, is moving forward with a merger plan that will result in the company becoming privately held and its American depositary shares (ADSs) being delisted from NASDAQ [1][2][3]. Group 1: Merger Details - An extraordinary general meeting (EGM) is scheduled for December 31, 2025, to vote on the merger agreement and related transactions [1]. - The merger will involve Merger Sub merging with Smart Share, with Smart Share continuing as the surviving entity and becoming a wholly-owned subsidiary of Mobile Charging Investment Limited [2]. - Following the merger, Smart Share's ADSs will no longer be listed on the NASDAQ Capital Market, and the ADS program will be terminated [2]. Group 2: Shareholder Information - Shareholders of record as of December 12, 2025, will be entitled to attend and vote at the EGM [4]. - ADS holders as of November 25, 2025, can instruct the depositary to vote on their behalf at the EGM [4]. Group 3: Company Overview - Smart Share Global Limited is a leading provider of mobile device charging services in China, operating an extensive network of shared power banks across various points of interest [10]. - As of December 31, 2024, the company had 9.6 million power banks in 1,279,900 points of interest across over 2,200 counties and county-level districts in China [10].

energy monster-Smart Share Global Limited to Hold Extraordinary General Meeting of Shareholders - Reportify