ZEEKR Intelligent Technology Holding Limited announced on September 15, 2025, that its shareholders voted in favor of authorizing and approving the previously announced Agreement and Plan of Merger. This agreement, dated July 15, 2025, is with Geely Automobile Holdings Limited.
The shareholder approval marks a critical step towards Zeekr becoming a wholly-owned subsidiary of Geely. This decision removes a significant hurdle in the privatization process, which is expected to close in the fourth quarter of 2025.
The approval reflects the shareholders' consent to the terms of the merger, which included an option for cash or newly issued Geely shares. This corporate restructuring will see Zeekr delisted from the New York Stock Exchange upon completion of the transaction.
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