Geely Takes Zeekr Private as Merger Closes and NYSE Listing Ends
Geely has filed Form 15F to end U.S. reporting, with obligations suspended pending SEC review.
Overview
- Effective December 22, 2025, Zeekr ceased trading on the NYSE and completed its merger into Geely as an indirect wholly owned subsidiary.
- ADS holders received either $26.87 in cash per ADS or 12.3 newly issued Geely shares, while ordinary shareholders received $2.687 in cash or 1.23 Geely shares, with Hong Kong non‑professional investors limited to cash.
- Following Rule 12g‑3, Geely succeeded to Zeekr’s Exchange Act registration and reporting before submitting Form 15F to terminate those obligations.
- Geely’s Exchange Act reporting is suspended immediately and will terminate within 90 days unless the SEC objects.
- Zeekr continues its European rollout, recently launching sales in Germany and planning entries into Spain, Italy, France, and the U.K. in 2026, with additional model activity reported for early 2026.