Zeekr Group Receives Acquisition Proposal from Geely

ZEEKR Intelligent Technology Holding Limited Sponsored ADR ( (ZK) ) has shared an announcement.

On May 8, 2025, Zeekr Intelligent Technology Holding Limited announced that its Board of Directors received a preliminary non-binding proposal from Geely Automobile Holdings Limited to acquire all outstanding shares of the company. The proposal offers shareholders the option to receive cash or newly issued Geely shares, valuing the company at a premium compared to its recent trading prices. The transaction, if completed, would result in Zeekr becoming a wholly owned subsidiary of Geely and delisted from the New York Stock Exchange. However, the Board has not yet made any decisions regarding the proposal, and there is no assurance that a definitive agreement will be reached.

Spark’s Take on ZK Stock

According to Spark, TipRanks’ AI Analyst, ZK is a Neutral.

ZEEKR’s robust revenue growth and strategic expansion plans are overshadowed by significant profitability challenges and financial instability. Technical analysis indicates bearish momentum, while valuation remains unattractive due to ongoing losses. The positive earnings call sentiment provides some optimism, but market competition and ambitious targets pose risks.

To see Spark’s full report on ZK stock, click here.

More about ZEEKR Intelligent Technology Holding Limited Sponsored ADR

Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle company under Geely Holding Group. It operates with brands like Lynk & Co and Zeekr, focusing on creating an integrated user ecosystem with innovations in software systems, e-powertrain, and electric vehicle supply chains. The company values equality, diversity, and sustainability, aiming to be a global new energy mobility solution provider.

Average Trading Volume: 788,734

Technical Sentiment Signal: Hold

Current Market Cap: $5.72B

See more data about ZK stock on TipRanks’ Stock Analysis page.