Why Is Smart Share Global Stock Surging Premarket On Monday?
Buyout Proposal: Smart Share Global Limited's board has received a preliminary non-binding proposal from a buyer group to take the company private at $0.625 per share, representing a 74.8% premium over its last closing price.
Board Actions: The board has formed a special committee of independent directors to evaluate the buyout offer and will seek independent financial and legal advisors for support, although no decisions have been made yet.
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Smart Share Global Secures 92.8% Shareholder Approval for Merger Agreement
- Shareholder Voting Outcome: At today's extraordinary general meeting, approximately 79.0% of the company's ordinary shareholders participated in the vote, with 92.8% supporting the merger agreement, reflecting strong shareholder confidence in the company's future direction.
- Merger Agreement Details: Under the merger agreement signed on August 1, 2025, the company will become a wholly-owned subsidiary of MidCo post-merger, marking a strategic shift towards becoming a private entity, which is expected to enhance operational flexibility.
- Market Impact: Upon completion of the merger, the company's American Depositary Shares will no longer be traded on Nasdaq, which may affect investor liquidity but could also allow for more focused management and resource allocation.
- Future Outlook: This merger will enable Smart Share to better integrate resources and enhance its competitiveness in China's mobile charging service market, with expectations of driving future growth potential.
Smart Share Global Secures 92.8% Shareholder Approval for Merger Agreement
- Strong Shareholder Support: At the extraordinary general meeting on December 31, 2025, approximately 79% of the company's ordinary shareholders voted in favor of the merger agreement, reflecting strong confidence in the company's future direction.
- Merger Agreement Details: The merger agreement, signed on August 1, 2025, will result in the company becoming a wholly-owned subsidiary of MidCo, marking a significant structural change that could enhance operational efficiency.
- Significant Voting Outcome: Approximately 92.8% of votes cast supported the merger, indicating high shareholder approval for the company's strategic direction, which is expected to strengthen its competitive position in the market.
- Future Outlook: Upon completion of the merger, the company's ADS will no longer be traded on Nasdaq, transitioning to a private entity, which may provide the company with a more flexible operational environment to adapt to market changes.
Smart Share Global Calls EGM to Approve Merger Agreement
- EGM Announcement: Smart Share Global has called an extraordinary general meeting on December 31, 2025, to vote on the merger agreement, which is expected to significantly impact the company's operational structure and market positioning.
- Merger Agreement Details: Under the merger agreement dated August 1, 2025, the company will become a wholly-owned subsidiary of MidCo, resulting in the termination of its NASDAQ listing, which could affect its financing capabilities and market visibility.
- Shareholder Voting Rights: Shareholders of record as of December 12, 2025, will be entitled to vote, ensuring shareholder participation in major decisions that may influence the final outcome of the merger.
- Disclosure Requirements: The company emphasizes the need for shareholders to carefully read the materials related to the merger, ensuring transparency and compliance, reflecting its commitment to shareholder interests.
Smart Share Global Calls EGM to Approve Merger Agreement
- Extraordinary General Meeting: Smart Share Global has announced an extraordinary general meeting on December 31, 2025, to vote on the merger agreement, which is expected to significantly impact the company's operational model and shareholder structure.
- Merger Agreement Details: Under the merger agreement signed on August 1, 2025, the company will become a wholly-owned subsidiary of MidCo, resulting in the termination of its NASDAQ listing, which may affect its future financing capabilities.
- Shareholder Voting Arrangements: Shareholders of record as of December 12, 2025, will be entitled to vote, ensuring that shareholder opinions on the merger are adequately represented, which could influence the final outcome of the merger.
- Disclosure Requirements: The company urges shareholders to carefully read the materials related to the merger to ensure transparency and compliance, which may impact investor confidence and decision-making.
Dayforce Shares Surge Approximately 21%; Check Out 20 Stocks Making Moves in Premarket Trading
Dayforce Inc Acquisition Talks: Shares of Dayforce Inc rose 21.4% in pre-market trading following reports that Thoma Bravo is in discussions to acquire the company.
Notable Gainers: Other stocks experiencing significant gains include Propanc Biopharma (up 253%), Adaptimmune Therapeutics (up 70.3%), and DIH Holding US (up 43.4%).
Significant Losers: TPI Composites saw a drastic decline of 51.1%, while SRx Health Solutions and Empery Digital also faced notable drops of 25.8% and 22.2%, respectively.
Market Overview: The article highlights various stocks' movements in pre-market trading, showcasing both substantial gainers and losers, reflecting market volatility.
Smart Share Global Limited Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company from Hillhouse
Acquisition Proposal: Smart Share Global Limited, known as Energy Monster, received a preliminary non-binding proposal from Hillhouse Investment Management to acquire all outstanding shares not owned by Hillhouse or management members for $1.77 per ADS, while the company is also under a definitive merger agreement with Trustar Mobile Charging Holdings.
Company Overview: Energy Monster is the leading provider of mobile device charging services in China, operating 9.6 million power banks across over 1.2 million points of interest, allowing users to access charging through QR code scanning.
Smart Share Global Secures 92.8% Shareholder Approval for Merger Agreement
- Shareholder Voting Outcome: At today's extraordinary general meeting, approximately 79.0% of the company's ordinary shareholders participated in the vote, with 92.8% supporting the merger agreement, reflecting strong shareholder confidence in the company's future direction.
- Merger Agreement Details: Under the merger agreement signed on August 1, 2025, the company will become a wholly-owned subsidiary of MidCo post-merger, marking a strategic shift towards becoming a private entity, which is expected to enhance operational flexibility.
- Market Impact: Upon completion of the merger, the company's American Depositary Shares will no longer be traded on Nasdaq, which may affect investor liquidity but could also allow for more focused management and resource allocation.
- Future Outlook: This merger will enable Smart Share to better integrate resources and enhance its competitiveness in China's mobile charging service market, with expectations of driving future growth potential.
Smart Share Global Secures 92.8% Shareholder Approval for Merger Agreement
- Strong Shareholder Support: At the extraordinary general meeting on December 31, 2025, approximately 79% of the company's ordinary shareholders voted in favor of the merger agreement, reflecting strong confidence in the company's future direction.
- Merger Agreement Details: The merger agreement, signed on August 1, 2025, will result in the company becoming a wholly-owned subsidiary of MidCo, marking a significant structural change that could enhance operational efficiency.
- Significant Voting Outcome: Approximately 92.8% of votes cast supported the merger, indicating high shareholder approval for the company's strategic direction, which is expected to strengthen its competitive position in the market.
- Future Outlook: Upon completion of the merger, the company's ADS will no longer be traded on Nasdaq, transitioning to a private entity, which may provide the company with a more flexible operational environment to adapt to market changes.
Smart Share Global Calls EGM to Approve Merger Agreement
- EGM Announcement: Smart Share Global has called an extraordinary general meeting on December 31, 2025, to vote on the merger agreement, which is expected to significantly impact the company's operational structure and market positioning.
- Merger Agreement Details: Under the merger agreement dated August 1, 2025, the company will become a wholly-owned subsidiary of MidCo, resulting in the termination of its NASDAQ listing, which could affect its financing capabilities and market visibility.
- Shareholder Voting Rights: Shareholders of record as of December 12, 2025, will be entitled to vote, ensuring shareholder participation in major decisions that may influence the final outcome of the merger.
- Disclosure Requirements: The company emphasizes the need for shareholders to carefully read the materials related to the merger, ensuring transparency and compliance, reflecting its commitment to shareholder interests.
Smart Share Global Calls EGM to Approve Merger Agreement
- Extraordinary General Meeting: Smart Share Global has announced an extraordinary general meeting on December 31, 2025, to vote on the merger agreement, which is expected to significantly impact the company's operational model and shareholder structure.
- Merger Agreement Details: Under the merger agreement signed on August 1, 2025, the company will become a wholly-owned subsidiary of MidCo, resulting in the termination of its NASDAQ listing, which may affect its future financing capabilities.
- Shareholder Voting Arrangements: Shareholders of record as of December 12, 2025, will be entitled to vote, ensuring that shareholder opinions on the merger are adequately represented, which could influence the final outcome of the merger.
- Disclosure Requirements: The company urges shareholders to carefully read the materials related to the merger to ensure transparency and compliance, which may impact investor confidence and decision-making.
Dayforce Shares Surge Approximately 21%; Check Out 20 Stocks Making Moves in Premarket Trading
Dayforce Inc Acquisition Talks: Shares of Dayforce Inc rose 21.4% in pre-market trading following reports that Thoma Bravo is in discussions to acquire the company.
Notable Gainers: Other stocks experiencing significant gains include Propanc Biopharma (up 253%), Adaptimmune Therapeutics (up 70.3%), and DIH Holding US (up 43.4%).
Significant Losers: TPI Composites saw a drastic decline of 51.1%, while SRx Health Solutions and Empery Digital also faced notable drops of 25.8% and 22.2%, respectively.
Market Overview: The article highlights various stocks' movements in pre-market trading, showcasing both substantial gainers and losers, reflecting market volatility.
Smart Share Global Limited Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company from Hillhouse
Acquisition Proposal: Smart Share Global Limited, known as Energy Monster, received a preliminary non-binding proposal from Hillhouse Investment Management to acquire all outstanding shares not owned by Hillhouse or management members for $1.77 per ADS, while the company is also under a definitive merger agreement with Trustar Mobile Charging Holdings.
Company Overview: Energy Monster is the leading provider of mobile device charging services in China, operating 9.6 million power banks across over 1.2 million points of interest, allowing users to access charging through QR code scanning.
