Welcome to our dedicated page for Smart Share Global news (Ticker: EM), a resource for investors and traders seeking the latest updates and insights on Smart Share Global stock.
Smart Share Global Limited (Nasdaq: EM), also known as Energy Monster, is a consumer tech company that publicly reports on its mobile device charging service operations in China. Its news flow centers on operating metrics for its shared power bank network, financial performance, and significant corporate actions affecting its Nasdaq‑listed American depositary shares.
Company press releases regularly cover quarterly and annual results, including revenues by business model, the number of points of interest (POIs) where services are available, available-for-use power banks, cumulative registered users, and the share of POIs operated under the network partner model. These updates also discuss non‑GAAP adjusted net income and provide reconciliations to GAAP results.
Another major theme in EM news is corporate and capital markets activity. The company has reported receiving preliminary non‑binding going‑private proposals, the formation of a special committee of independent directors, the retention of financial and legal advisors, and the negotiation and signing of a definitive Agreement and Plan of Merger with an investor consortium. Subsequent releases describe the convening of an extraordinary general meeting, shareholder approval of the Merger Agreement and plan of merger, and the remaining conditions to closing.
Regulatory and listing developments also appear in the news stream. Smart Share Global Limited has disclosed a prior Nasdaq notice regarding minimum bid price non‑compliance and a later notification that it regained compliance with Nasdaq Listing Rule 5550(a)(2). For investors tracking EM, this news page brings together earnings announcements, operational updates on the charging network, and detailed disclosures on the proposed going‑private transaction and related SEC filings.
Smart Share Global (Nasdaq: EM) received a Nasdaq letter dated January 14, 2026 notifying the company of noncompliance with Nasdaq Listing Rule 5250(c)(1) for failing to timely file a Form 6-K with interim financials for the half-year ended June 30, 2025. The company has 60 calendar days from the Letter to submit a plan to regain compliance; if Nasdaq accepts the plan, Nasdaq may grant an exception of up to 180 calendar days from the Required Filing due date, or June 29, 2026. The Letter does not have an immediate effect on the listing and the Class A ordinary shares will continue trading under the symbol EM, but failure to regain compliance could result in delisting.
Smart Share Global (Nasdaq: EM) announced that shareholders at an extraordinary general meeting on Dec 31, 2025 approved the previously announced Agreement and Plan of Merger dated Aug 1, 2025. Approximately 79.0% of outstanding ordinary shares voted, representing 90.9% of total votes, and the Merger Agreement was approved by about 92.8% of votes cast. If completed, the company will become a wholly-owned subsidiary of MidCo and its ADSs will be delisted and terminated. Completion remains subject to closing conditions and waivers.
Smart Share Global (Nasdaq: EM) called an extraordinary general meeting of shareholders for Dec 31, 2025 at 10:00 a.m. Beijing time to vote on a previously announced Merger Agreement dated Aug 1, 2025 that would make the company a wholly-owned subsidiary of Mobile Charging Investment Limited and take the company private.
If approved, the merger will result in ADSs (each representing two class A shares) being delisted from the NASDAQ Capital Market, termination of the ADS program, and cessation of registration under Section 12 of the Exchange Act. Shareholders of record at 5:00 p.m. New York time on Dec 12, 2025 may vote; ADS holders of record on Nov 25, 2025 may instruct the depositary to vote.
Energy Monster (NASDAQ: EM), a mobile device charging service provider, has received a competing acquisition proposal from Hillhouse Investment Management offering $1.77 per ADS or $0.885 per share in cash. This new proposal follows the company's earlier announcement on August 1, 2025, regarding a definitive merger agreement with Trustar Capital and management members.
The special committee of independent directors, formed after receiving the initial proposal in January 2025, will evaluate all options with their financial and legal advisors. The board emphasizes that no decisions have been made regarding Hillhouse's proposal, and there's no guarantee of a definitive agreement or transaction completion.
Smart Share Global Limited (Nasdaq: EM), also known as Energy Monster, has entered into a definitive merger agreement to go private in a transaction valuing the company at approximately $327 million. The deal will be executed through Mobile Charging Group Holdings Limited and its subsidiaries.
Under the agreement, ADS holders will receive $1.25 per ADS (representing two Class A shares), while ordinary shareholders will receive $0.625 per share. The merger consideration represents a 74.8% premium to the January 3, 2025 closing price and a 8.7% premium to the July 31, 2025 closing price.
The transaction is backed by a consortium including Trustar Mobile Charging Holdings Limited and key company executives. The deal, expected to close in Q4 2025, requires two-thirds shareholder approval and regulatory clearances. Upon completion, Energy Monster will become private and delist from Nasdaq.
Energy Monster (Nasdaq: EM), a mobile device charging service provider, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC on April 28, 2025.
The report is accessible through the company's investor relations website and the SEC website. Shareholders and ADS holders can request free hard copies of the annual report containing audited consolidated financial statements by contacting the company's Investor Relations department in Shanghai.
Energy Monster (Nasdaq: EM) reported Q3 2024 financial results, showing a strategic shift towards the network partner model, with 96.8% of POIs now operating under this model. Revenue declined 20.0% to RMB490.8 million (US$69.9 million), primarily due to decreased direct model revenues.
Mobile device charging orders decreased to 148.1 million from 176.5 million year-over-year. The company's services were available in 1,274 thousand POIs with 9.5 million power banks. Cumulative registered users reached 430.2 million, with 13.1 million new registrations in Q3.
The company reported a net income of RMB4.2 million (US$0.6 million), down from RMB49.0 million in Q3 2023. Cash position remained strong at RMB3.0 billion (US$432.0 million).
Energy Monster (Nasdaq: EM) has successfully regained compliance with Nasdaq's minimum bid price requirement. The company, which provides mobile device charging services, received confirmation from Nasdaq on January 31, 2025, that it has met the minimum bid price requirement of US$1.00 per share.
This development follows a notification received on August 9, 2024, when Energy Monster was given a 180-day compliance period until February 3, 2025, to meet the requirement after its ADS price fell below US$1.00 for 30 consecutive business days. The company's ADSs maintained a closing bid price of US$1.00 or higher for 10 consecutive business days from January 16 to January 30, 2025, satisfying Nasdaq's compliance criteria.
Energy Monster (Nasdaq: EM) announced that its special committee has retained Kroll, as independent financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP as U.S. legal counsel. These appointments are related to the evaluation of the non-binding 'going private' proposal received on January 5, 2025, from Trustar Mobile Charging Holdings and several company executives, including the Chairman/CEO, Director/President, CMO, and Director/CFO.
The Board emphasized that no decisions have been made regarding the proposal, and there is no guarantee that a definitive offer will be received or that any transaction will be approved or completed. The company will only provide updates as required by law.
Smart Share Global (Nasdaq: EM), known as Energy Monster, has received a preliminary non-binding proposal from Trustar Capital and company executives to acquire all outstanding shares not already owned by the buyer group. The proposed purchase price is US$0.625 per Ordinary Share or US$1.25 per ADS, representing a 74.8% premium to the last trading day's closing price.
The buyer group includes Trustar Mobile Charging Holdings , CEO Mars Guangyuan Cai, President Peifeng Xu, CMO Victor Yaoyu Zhang, and CFO Maria Yi Xin. The Board has formed a special committee of three independent directors, chaired by Conor Chia-hung Yang, to evaluate the proposal. The committee will retain independent financial advisors and legal counsel.
The company emphasizes that no decisions have been made regarding the proposal, and there is no guarantee of a definitive agreement or transaction completion.
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