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Zeekr Group Shareholders Approve Merger with Geely

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ZEEKR Intelligent Technology Holding Limited Sponsored ADR ( (ZK) ) has provided an update.

On September 15, 2025, Zeekr Group announced that its shareholders approved a merger agreement with Geely Automobile Holdings Limited. The merger, initially announced on July 15, 2025, involves Zeekr becoming a wholly-owned subsidiary of Geely, with the Zeekr ADSs ceasing to be listed on the New York Stock Exchange. Approximately 96.8% of Zeekr’s total outstanding shares voted in favor of the merger, which is subject to the satisfaction of certain conditions. The completion of this merger will transition Zeekr into a privately held company, potentially impacting its market presence and operations.

The most recent analyst rating on (ZK) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on ZEEKR Intelligent Technology Holding Limited Sponsored ADR stock, see the ZK Stock Forecast page.

Spark’s Take on ZK Stock

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

ZEEKR’s overall stock score is primarily influenced by strong technical trends and positive developments from the earnings call. However, financial performance and valuation concerns due to profitability issues and high leverage weigh down the score.

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 group under Geely Holding Group. The company focuses on creating a fully integrated user ecosystem with its brands Lynk & Co and Zeekr, emphasizing innovation, equality, diversity, and sustainability. Zeekr Group develops its own software systems, e-powertrain, and electric vehicle supply chain, aiming to become a global new energy mobility solution provider.

Average Trading Volume: 541,496

Technical Sentiment Signal: Strong Buy

Current Market Cap: $7.37B

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

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