M&A - Cai Mars Guangyuan

Form Type: SCHEDULE 13D

Filing Date: 2025-01-10

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925002528

Filing Summary: On January 5, 2025, the Management Members and Trustar Mobile Charging Holdings Limited entered into a consortium agreement to submit a non-binding proposal letter to acquire all outstanding Ordinary Shares of Smart Share Global Limited for US$0.625 in cash per Ordinary Share, or US$1.25 in cash per ADS. The proposal indicates a significant interest in a transaction that would lead to a private company status for the Issuer, involving potential delisting from Nasdaq and termination of periodic reporting obligations. The Reporting Persons may acquire additional shares or dispose of their holdings as permitted by applicable laws. The consortium members are aiming to negotiate and finalize definitive agreements regarding the Proposed Transaction. The Reporting Persons collectively own approximately 17.1% of the total number of Class A Ordinary Shares, representing approximately 64.1% of the aggregate voting power of the Issuer. The document also disclaims any beneficial ownership that may be attributed to the other Reporting Persons.

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