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Smart Share Global Limited Receives Nasdaq Notice Related to Filing of Its Interim Report

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SHANGHAI, China, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy ...

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AI Summary

Smart Share Global Limited (EM) has failed to timely file crucial financial statements, risking delisting from Nasdaq within 60 days unless compliance is regained. This situation raises concerns about the company's future operations and stock performance, particularly affecting investor sentiment towards EM in emerging markets.

Sentiment Rationale

Similar cases historically show that compliance failures lead to stock price declines, often resulting in delisting and lower investor interest.

Trading Thesis

Consider reducing exposure to EM due to delisting risk in the next 60 days.

Market-Moving

  • Delisting risk could trigger sell-offs and increased volatility for EM shares.
  • A failure to file could limit access to new capital financing.
  • Prospective investors might refrain from purchasing EM until compliance is achieved.
  • Increasing scrutiny could place additional pressures on operations moving forward.

Key Facts

  • Smart Share Global fails to file required financial documents.
  • Nasdaq provides 60 days to regain compliance for listing.
  • Potential delisting could affect shares of Smart Share if unresolved.
  • As of December 2024, it operates 9.6 million charging power banks.
  • Company serves various venues across China, leveraging wide partner networks.

Companies Mentioned

  • Smart Share Global Limited (EM): Failure to comply with Nasdaq may impact investor confidence.

Corporate Developments

This fits within 'Corporate Developments' due to compliance issues with Nasdaq affecting operational stability and market perception.

Smart Share Global Limited Faces Nasdaq Compliance Challenge

On January 20, 2026, Smart Share Global Limited (Nasdaq: EM), a prominent player in the consumer tech sector, announced it has received a notification from the Nasdaq Stock Market regarding a compliance issue. The letter, dated January 14, 2026, indicated that the company failed to file its interim report, specifically a Form 6-K containing the interim balance sheet and income statement for the fiscal half-year ending June 30, 2025.

Details of Nasdaq Notification

The notification specifies that Smart Share Global Limited is not in compliance with Nasdaq Listing Rule 5250(c)(1). As part of the compliance process, the company must submit a plan to rectify the situation within 60 calendar days of receiving the letter. If Nasdaq accepts this plan, they may grant an exception for compliance of up to 180 calendar days from the due date for the Required Filing, which falls on June 29, 2026.

Impact on Trading and Compliance

Despite the compliance issue, the company’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol EM. However, failure to meet the compliance requirements could result in the delisting of the shares from Nasdaq, raising significant concerns among investors.

  • Compliance deadline: 60 calendar days from January 14, 2026.
  • Potential extension for compliance: Up to 180 calendar days.
  • Current trading status: No immediate impact on shares.

About Smart Share Global Limited

Smart Share Global Limited, also known as Energy Monster, is a leading provider of mobile device charging services in China. The company operates an expansive network of partners utilizing its advanced service platform. It successfully distributes mobile charging services through shared power banks located in various points of interest (POIs), including:

  • Entertainment venues
  • Restaurants
  • Shopping centers
  • Hotels
  • Transportation hubs
  • Public spaces

As of December 31, 2024, Smart Share claims to have deployed approximately 9.6 million power banks at over 1,279,900 POIs across more than 2,200 counties and districts in China.

Safe Harbor Statement

This press release contains forward-looking statements that are safeguarded under the provisions of Section 21E of the Securities Exchange Act of 1934 and the U.S. Private Securities Litigation Reform Act of 1995. These statements are identifiable by terms such as “will,” “expects,” “anticipates,” and “plans,” and they inherently involve risks and uncertainties that may lead to actual results differing from the predictions. Potential risks include:

  • Market competition
  • Financing availability
  • General economic conditions

For further details on risks and uncertainties, investors are encouraged to review Smart Share’s filings with the SEC.

Contact Information

For further inquiries or investor relations, please contact:

Hansen Shi
Email: shi@enmonster.com

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