Zeekr sets merger consideration election deadlines

Zeekr Intelligent Technology Holding Limited (NYSE: ZK) announced election deadlines for shareholders to choose their preferred form of merger consideration in its pending acquisition by Geely Automobile Holdings Limited.

Holders of Zeekr ordinary shares must submit their election materials by 5:00 p.m. U.S. Eastern Time on December 5, 2025. Registered holders of American depositary shares have an earlier deadline of 5:00 p.m. U.S. Eastern Time on December 3, 2025.

Each Zeekr ADS represents ten ordinary shares. Shareholders who hold their ADSs through brokers, banks, or other intermediaries must follow their intermediary's procedures, which will have deadlines prior to the December 3 deadline.

The company stated that shareholders who do not make a proper election by the applicable deadline will have their shares exchanged for cash consideration as specified in the merger agreement.

The merger is expected to close on or about December 29, 2025, subject to satisfaction or waiver of conditions outlined in the merger agreement between Zeekr, Geely, and Keystone Mergersub Limited.

Zeekr, headquartered in Zhejiang, China, operates as a premium new energy vehicle group under Geely Holding Group with two brands: Lynk & Co and Zeekr.

The information is based on a company press release statement.

You May Also Be Interested In

• Prologis makes unsolicited bid for SEGRO, valued at £12.6 billion
• Bernstein SocGen Group Downgrades Nuvalent (NUVL) to Market Perform
• Li-FT Power secures option to acquire Renard diamond mine in Quebec