Added to YB: 2025-08-21
Pitch date: 2025-08-19
EM [bullish]
Smart Share Global Limited
+3.08%
current return
Author Info
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Company Info
Smart Share Global Limited, a consumer tech company, provides mobile device charging services through online and offline network in the People's Republic of China.
Market Cap
$2.5B
Pitch Price
$1.30
Price Target
1.72 (+28%)
Dividend
N/A
EV/EBITDA
-5.84
P/E
-182.71
EV/Sales
-0.25
Sector
Specialty Retail
Category
special_situation
Show full summary:
A quick ADS merger arb idea - Smart Share Global (EM)
EM: Merger arb with 32% upside/$1.72 from Hillhouse's counter bid vs 8% downside/$1.20 if original Trustar bid wins. China power bank rental co, profitable (12-15M EBITDA), $400M cash/$336M mcap. Hillhouse (12.3% owner) can block deal. Firm expects Q4 2025 close - good IRR if Hillhouse prevails.
Read full article (5 min)