Smart Share Global Limited·Consumer Cyclical

Higher-for-longer interest rates and a new Federal Reserve chair confirmation are only adding to the market uncertainty in fixed income. With that, active management has almost become a necessity when navigating current and future credit cycles.

SHANGHAI, April 30, 2026 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced the completion of its merger (the “Merger”) with Mobile Charging Merger Limited (“Merger Sub”), a wholly-owned subsidiary of Mobile Charging Investment Limited (“MidCo”), which is in turn a wholly-owned subsidiary of Mobile Charging Group Holdings Limited (“Parent”), pursuant to the previously announced agreement and plan of merger, dated as of August 1, 2025 (the “Merger Agreement”), among the Company, Parent, MidCo and Merger Sub. As a result of the Merger, the Company has become a wholly-owned subsidiary of MidCo and will cease to be a publicly traded company.

SHANGHAI, March 30, 2026 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that it has been granted an exception by Nasdaq Staff regarding the filing of a Form 6-K containing an interim balance sheet and income statement for its fiscal half-year ended June 30, 2025 (the “Interim Report”). On January 14, 2026, Nasdaq Staff notified the Company that it did not comply with Nasdaq's filing requirements set forth in Listing Rule 5250(c)(1) (the “Rule”) because it had not filed the Interim Report.
Smart Share Global Limited, a consumer tech company, provides mobile device charging services in the People's Republic of China. The company provides mobile device charging services through online and offline networks; and rents and sells power banks. It offers services through its power banks placed in points of interests (POIs) operated by its location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. As of December 31, 2021, the company had 5.7 million power banks in 845,000 POIs in 1,700 counties and county-level districts. Smart Share Global Limited was incorporated in 2017 and is headquartered in Shanghai, the People's Republic of China.
Consumer Cyclical
Personal Products & Services
3,656
2021-04-01
0.66