Smart Share Global Limited Receives Nasdaq Notice Related to Filing of Its Interim Report
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.
Rhea-AI Summary
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.
Positive
- Class A ordinary shares continue trading under EM
- Company has 60 calendar days to submit a compliance plan
- Nasdaq may grant up to 180 calendar days to regain compliance
Negative
- Noncompliance for failing to timely file Form 6-K with interim financials
- Required filing covers half-year ended June 30, 2025
- Possible delisting if the company fails to regain compliance by deadline
Details
News Market Reaction – EM
In the Jan 20 session, EM gained 0.87%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Compliance plan window
- 60 calendar days
- Period from Jan 14, 2026 Letter to submit compliance plan to Nasdaq
- Maximum exception period
- 180 calendar days
- Potential extension from Required Filing due date to regain compliance
- Interim period end
- June 30, 2025
- Fiscal half-year end for missing Form 6-K interim statements
- Compliance deadline reference
- June 29, 2026
- Latest possible date cited to regain compliance if exception granted
- Current price
- $1.15
- Price prior to publication of Nasdaq deficiency notice
- 52-week high
- $1.46
- Upper end of 52-week trading range before this news
- 52-week low
- $0.9935
- Lower end of 52-week trading range before this news
- Market cap
- $291,638,368
- Equity value based on pre-news price
Historical Context
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Shareholders approved previously announced merger agreement at extraordinary general meeting.
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Company scheduled extraordinary general meeting to vote on going-private merger.
-
Hillhouse submitted higher cash acquisition proposal than existing merger agreement.
-
Definitive agreement reached for going-private transaction valuing company at $327 million.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
nasdaq listing rule 5250(c)(1) regulatory
form 6-k regulatory
interim balance sheet financial
income statement financial
nasdaq capital market regulatory
delisting regulatory
deficiency notification regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
SHANGHAI, China, Jan. 20, 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 received a letter from the Nasdaq Stock Market dated January 14, 2026 (the “Letter”), notifying the Company that it is not in compliance with the requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because it did not timely file a Form 6-K containing an interim balance sheet and income statement for its fiscal half-year ended June 30, 2025 (the “Required Filing”). In accordance with the Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Letter to submit a plan to regain compliance with the Listing Rules. If Nasdaq accepts the plan, it may grant the Company an exception of up to 180 calendar days from the Required Filing’s due date, or June 29, 2026, to regain compliance.
The Letter has no immediate impact on the listing of the Company’s Class A ordinary shares on the Nasdaq Capital Market, which will continue trading under the symbol “EM.” However, if the Company fails to regain compliance with the Rule, the Company’s Class A ordinary shares will be subject to delisting from Nasdaq.
This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.
About Smart Share Global Limited
Smart Share Global Limited (Nasdaq: EM), or Energy Monster, is a consumer tech company with the mission to energize everyday life. The Company is a leading provider of mobile device charging service in China with an extensive network of partners powered by its own advanced service platform. The Company provides mobile device charging service through its shared power banks, which are placed in POIs such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs and public spaces. Users may access the service by scanning the QR codes on Energy Monster’s cabinets to release the power banks. As of December 31, 2024, the Company had 9.6 million power banks in 1,279,900 POIs across more than 2,200 counties and county-level districts in China.
Safe Harbor Statement
This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Smart Share may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Smart Share’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the possibility that competing offers will be made; the possibility that financing may not be available; the possibility that various closing conditions for the transaction may not be satisfied or waived; the laws and regulations relating to Smart Share’s industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Smart Share’s filings with the SEC. All information provided in this announcement and in the attachments is as of the date of this press release, and Smart Share does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Contact Us
Investor Relations
Hansen Shi
ir@enmonster.com
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