Zeekr has accomplished its merger with Geely Vehicle Holdings and has ceased buying and selling on the New York Inventory Trade
Zeekr Clever Expertise Holding has accomplished its merger with Geely Vehicle Holdings and ceased buying and selling on the New York Inventory Trade (NYSE), with the electrical car (EV) maker now working as a wholly-owned subsidiary of the Chinese language automaker. The merger, first introduced in July 2025 and authorised by Zeekr shareholders at a rare basic assembly in September 2025, noticed American depositary share (ADS) holders obtain both US$26.87 in money per ADS or 12.3 newly issued Geely shares per ADS.
Zeekr requested suspension of buying and selling on the NYSE efficient 22 December 2025 and can file documentation with the US Securities and Trade Fee to delist and deregister its securities. The corporate stated its obligation to file stories together with Kind 20-F and Kind 6-Ok can be suspended instantly upon submitting.
Beneath the merger settlement, every atypical share of Zeekr issued and excellent instantly previous to completion was cancelled in change for both US$2.687 in money or 1.23 newly issued Geely atypical shares, on the shareholder’s election. Hong Kong non-professional traders obtained money solely and weren’t eligible for the share change choice.
Zeekr, headquartered in Hangzhou, China, was established as Geely’s premium EV model earlier than itemizing on the NYSE. The completion of the merger consolidates the model beneath Geely’s direct possession.
Supply: Zeekr
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