Smart Share Global approved to transfer listing to Nasdaq Capital Market

Smart Share Global announced that on December 20, 2023, the Listing Qualifications department of the Nasdaq Stock Market approved the company’s request to transfer the listing of the company’s American depositary shares, each representing two Class A ordinary shares of the company, from the Nasdaq Global Select Market to the Nasdaq Capital Market. The transfer is expected to take effect at the opening of business on December 22, 2023. The transfer of the company’s listing to the Nasdaq Capital Market is not expected to have any impact on trading in the company’s ADSs. The company’s ADSs will continue to trade uninterruptedly under the symbol “EM.”