Smart Share Global Ltd (EM) withdraws ADS listing from Nasdaq
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Smart Share Global Ltd notified Nasdaq Stock Market LLC of the removal/withdrawal of its American Depositary Shares from listing and registration under Section 12(b) of the Exchange Act. Nasdaq certified compliance with 17 CFR 240.12d2-2 procedures and the issuer certified compliance with exchange rules for voluntary withdrawal.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-40298
Expiration reference: March 31, 2018
Issuer telephone: +86 156 1101 1351
3 metrics
Commission File Number
001-40298
Form 25 cover identification
Expiration reference
March 31, 2018
Expires date shown on form header
Issuer telephone
+86 156 1101 1351
Issuer principal office contact
Key Terms
Form 25, American Depositary Shares, 17 CFR 240.12d2-2, withdrawal of listing
4 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
withdrawal of listing regulatory
"voluntary withdrawal of the class of securities from listing and registration"