ZEEKR Intelligent Technology Holding Limited (ZK) has entered into an Agreement and Plan of Merger with Geely Automobile Holdings Limited and Keystone Mergersub Limited, an indirect wholly-owned subsidiary of Geely.
Under the terms of the Merger Agreement, each ordinary share of Zeekr, outstanding immediately prior to the Effective Time, will be cancelled and exchanged for US$2.687 in cash per share, without interest.
This cash consideration per ADS reflects a premium of approximately 18.9% over the closing price of Zeekr ADSs on May 6, 2025. The transaction is expected to close in the fourth quarter of 2025.
