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Smart Share Global ADR ( (EM) ) has issued an announcement.
Smart Share Global Limited, known as Energy Monster, is a leading Chinese provider of shared mobile device charging services, operating 9.6 million power banks across nearly 1.28 million points of interest nationwide as of December 31, 2024. Its QR code–based platform targets users in crowded commercial and transit locations, positioning the company as a key infrastructure player in China’s on-the-go consumer tech ecosystem.
On April 30, 2026, Smart Share Global completed a going-private merger with Mobile Charging Merger Limited, making it a wholly owned subsidiary of Mobile Charging Investment Limited and ending its status as a publicly traded company. Shareholders approved the deal on December 31, 2025, with ADS holders receiving $1.25 per ADS and ordinary shareholders $0.625 per share in cash, and the company has moved to delist its ADSs from Nasdaq and deregister its securities, effectively removing it from U.S. public markets and altering disclosure and liquidity dynamics for investors.
The company requested suspension of trading in its ADSs on the Nasdaq Capital Market on April 30, 2026, and has initiated the process for delisting and deregistration under U.S. securities law. These steps will halt its regular SEC reporting, including annual and current filings, marking a significant shift in transparency requirements and potentially allowing management and its new owners greater flexibility away from public-market scrutiny.
The most recent analyst rating on (EM) stock is a Hold with a $1.25 price target. To see the full list of analyst forecasts on Smart Share Global ADR stock, see the EM Stock Forecast page.
Spark’s Take on EM Stock
According to Spark, TipRanks’ AI Analyst, EM is a Neutral.
The overall stock score is primarily impacted by significant financial challenges, including declining revenues and negative cash flows. Technical analysis indicates bearish momentum, and poor valuation metrics further contribute to a low score. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on EM stock, click here.
More about Smart Share Global ADR
Smart Share Global Limited, which operates under the brand Energy Monster, is a Chinese consumer technology company specializing in shared mobile device charging services. It runs an extensive network of QR code–enabled power-bank cabinets in high-traffic locations such as entertainment venues, restaurants, shopping centers, hotels, transport hubs and public spaces across more than 2,200 counties in China as of December 31, 2024.
Average Trading Volume: 79,209
Technical Sentiment Signal: Buy
Current Market Cap: $303M
Find detailed analytics on EM stock on TipRanks’ Stock Analysis page.