China’s Geely Auto is officially taking its luxury EV subsidiary Zeekr private, just over a year after the company debuted on the New York Stock Exchange.

The news comes two months after Geely offered to take Zeekr private, following President Donald Trump’s rel=”nofollow” href=”https://www.politico.com/newsletters/morning-money/2025/04/15/a-new-cudgel-in-trumps-clash-with-china-00290497″>threats earlier this year to delist Chinese stocks from U.S. exchanges.

When the merger closes, Zeekr shareholders will receive either $2.69 in cash per share or 1.23 newly issued Geely shares for each Zeekr share they own, per a regulatory rel=”nofollow” href=”https://www.sec.gov/Archives/edgar/data/1954042/000110465925067888/tm2520855d1_ex99-1.htm”>filing. Holders of Zeekr American…

China’s Geely Auto is officially taking its luxury EV subsidiary Zeekr private, just over a year after the company debuted on the New York Stock Exchange.

The news comes two months after Geely offered to take Zeekr private, following President Donald Trump’s rel=”nofollow” href=”https://www.politico.com/newsletters/morning-money/2025/04/15/a-new-cudgel-in-trumps-clash-with-china-00290497″>threats earlier this year to delist Chinese stocks from U.S. exchanges.

When the merger closes, Zeekr shareholders will receive either $2.69 in cash per share or 1.23 newly issued Geely shares for each Zeekr share they own, per a regulatory rel=”nofollow” href=”https://www.sec.gov/Archives/edgar/data/1954042/000110465925067888/tm2520855d1_ex99-1.htm”>filing. Holders of Zeekr American…