Smart Share Global Limited Announces Completion of Going Private TransactionSHANGHAI, 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.
GlobeNewsWire4/29/2026Neutral