M&A - Emeren Group Ltd

Form Type: SCHEDULE 13D/A

Filing Date: 2025-03-17

Corporate Action: Acquisition

Type: Update

Accession Number: 000139834425005635

Filing Summary: On March 17, 2025, Shah Capital Management and its affiliates proposed to acquire all outstanding ordinary shares of Emeren Group Ltd that they do not already own, at a price of $2.00 per share, totaling approximately $65 million. This proposal is made non-binding and does not create any legal obligation until definitive agreements are executed. The proposal also indicates that funding will be from personal cash with no financing conditions attached. Should the acquisition be completed, the company's shares will be eligible for delisting from the NASDAQ and registration termination under the Securities Exchange Act of 1934. The document is an amendment to previously filed Schedule 13D updates, detailing ownership stake alterations, but no other transactions in shares were recorded by the reporting persons within the last 60 days.