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[6-K] Smart Share Global Limited American Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

American Battery Technology Company (ABAT) filed an 8-K announcing that its April 1 2025 agreement to sell a non-core 12-acre property in Fernley, Nevada for $6.75 million has been terminated. The buyer cancelled the deal on July 28 2025 during the due-diligence window, and the contract was voided with no early-termination penalties to the company.

The cancelled transaction postpones a planned cash infusion that could have bolstered liquidity and reduced real-estate carrying costs. ABAT retains ownership of the land and stated it "continues to market the property for sale," but provided no alternative timeline, buyer, or financial impact estimates. No other operational or financial updates were included in this filing.

American Battery Technology Company (ABAT) ha presentato un modulo 8-K annunciando che il suo accordo del 1° aprile 2025 per la vendita di un immobile non strategico di 12 acri a Fernley, Nevada, per 6,75 milioni di dollari è stato annullato. L'acquirente ha cancellato l'accordo il 28 luglio 2025 durante il periodo di due diligence e il contratto è stato annullato senza penali per risoluzione anticipata a carico dell'azienda.

La transazione annullata posticipa un previsto afflusso di liquidità che avrebbe potuto rafforzare la disponibilità finanziaria e ridurre i costi di gestione immobiliare. ABAT mantiene la proprietà del terreno e ha dichiarato di "continuare a commercializzare la proprietà in vendita", ma non ha fornito tempistiche alternative, potenziali acquirenti o stime di impatto finanziario. Nessun altro aggiornamento operativo o finanziario è stato incluso in questo documento.

American Battery Technology Company (ABAT) presentó un formulario 8-K anunciando que su acuerdo del 1 de abril de 2025 para vender una propiedad no esencial de 12 acres en Fernley, Nevada, por 6.75 millones de dólares ha sido cancelado. El comprador canceló la operación el 28 de julio de 2025 durante el período de diligencia debida, y el contrato fue anulado sin penalizaciones por terminación anticipada para la empresa.

La cancelación de la transacción retrasa una inyección de efectivo planificada que podría haber mejorado la liquidez y reducido los costos de mantenimiento inmobiliario. ABAT conserva la propiedad del terreno y declaró que "continúa comercializando la propiedad para la venta", pero no proporcionó un cronograma alternativo, comprador o estimaciones de impacto financiero. No se incluyeron otras actualizaciones operativas o financieras en este informe.

American Battery Technology Company (ABAT)� 2025� 4� 1일에 체결� 네바� � 펀리의 비핵� 12에이� 부동산� 675� 달러� 매각하기� � 계약� 종료되었다고 8-K 보고서를 제출했습니다. 매수인은 2025� 7� 28� 실사 기간 � 계약� 취소했으�, 회사� 조기 종료 벌금 없이 계약� 무효화되었습니다.

이번 거래 취소� 인해 현금 유입 계획� 연기되어 유동� 강화와 부동산 유지 비용 절감� 지연되었습니다. ABAT� 토지 소유권을 유지하며 "계속해서 부동산 매각� 추진하고 있다"� 밝혔으나, 대� 일정, 매수� 또는 재무 영향 추정치는 제공하지 않았습니�. 이번 보고서에� 다른 운영 또는 재무 업데이트가 포함되지 않았습니�.

American Battery Technology Company (ABAT) a déposé un formulaire 8-K annonçant que son accord du 1er avril 2025 pour la vente d’un terrain non stratégique de 12 acres à Fernley, Nevada, pour 6,75 millions de dollars a été annulé. L’acheteur a annulé la transaction le 28 juillet 2025 pendant la période de due diligence, et le contrat a été résilié sans pénalités de résiliation anticipée pour la société.

Cette annulation reporte une injection de trésorerie prévue qui aurait pu renforcer la liquidité et réduire les coûts liés à l’immobilier. ABAT conserve la propriété du terrain et a déclaré « continuer à commercialiser la propriété à la vente », mais n’a fourni aucun calendrier alternatif, acheteur ou estimation d’impact financier. Aucun autre mise à jour opérationnelle ou financière n’a été incluse dans ce dépôt.

American Battery Technology Company (ABAT) hat ein 8-K eingereicht und bekannt gegeben, dass ihre Vereinbarung vom 1. April 2025 zum Verkauf eines nicht zum Kerngeschäft gehörenden 12 Hektar großen Grundstücks in Fernley, Nevada, für 6,75 Millionen US-Dollar beendet wurde. Der Käufer sagte den Deal am 28. Juli 2025 während der Due-Diligence-Phase ab, und der Vertrag wurde ohne üԻ徱ܲԲٰڱ für das Unternehmen aufgehoben.

Die abgesagte Transaktion verschiebt eine geplante Kapitalzufuhr, die die Liquidität hätte stärken und die Immobilienhaltungskosten hätte senken können. ABAT behält das Eigentum an dem Grundstück und gab an, dass es "weiterhin das Grundstück zum Verkauf anbietet", lieferte jedoch keinen alternativen Zeitplan, Käufer oder finanzielle Auswirkungen. Weitere operative oder finanzielle Updates wurden in dieser Meldung nicht angegeben.

Positive
  • No early-termination penalties were incurred, preserving ABAT’s cash balance.
  • Property remains on the market, allowing for potential future monetisation at similar or improved terms.
Negative
  • $6.75 million cash inflow from the planned sale is now delayed or uncertain.
  • Continued carrying costs and potential impairment risk remain until a new buyer is secured.

Insights

TL;DR: Loss of $6.75 M sale cash is modestly negative; absence of penalties offsets some impact.

The termination removes a non-dilutive liquidity event, leaving ABAT without the expected $6.75 million that could have supported capex or working capital. However, avoidance of break-fee costs preserves existing cash, and the asset can still be monetised later. Given the company's development-stage profile, timing of cash matters, so I view the news as slightly negative to neutral for near-term funding flexibility.

TL;DR: Deal collapse signals buyer caution; property remains marketable but timeline uncertain.

Industrial land in Fernley has been liquid, yet the buyer exited before due diligence completion, suggesting possible site-specific issues or price pushback. While no penalty is a relief, ABAT now faces ongoing taxes, maintenance and market risk. Resale potential persists, but closing another transaction may require price concessions or additional time, keeping the asset illiquid.

American Battery Technology Company (ABAT) ha presentato un modulo 8-K annunciando che il suo accordo del 1° aprile 2025 per la vendita di un immobile non strategico di 12 acri a Fernley, Nevada, per 6,75 milioni di dollari è stato annullato. L'acquirente ha cancellato l'accordo il 28 luglio 2025 durante il periodo di due diligence e il contratto è stato annullato senza penali per risoluzione anticipata a carico dell'azienda.

La transazione annullata posticipa un previsto afflusso di liquidità che avrebbe potuto rafforzare la disponibilità finanziaria e ridurre i costi di gestione immobiliare. ABAT mantiene la proprietà del terreno e ha dichiarato di "continuare a commercializzare la proprietà in vendita", ma non ha fornito tempistiche alternative, potenziali acquirenti o stime di impatto finanziario. Nessun altro aggiornamento operativo o finanziario è stato incluso in questo documento.

American Battery Technology Company (ABAT) presentó un formulario 8-K anunciando que su acuerdo del 1 de abril de 2025 para vender una propiedad no esencial de 12 acres en Fernley, Nevada, por 6.75 millones de dólares ha sido cancelado. El comprador canceló la operación el 28 de julio de 2025 durante el período de diligencia debida, y el contrato fue anulado sin penalizaciones por terminación anticipada para la empresa.

La cancelación de la transacción retrasa una inyección de efectivo planificada que podría haber mejorado la liquidez y reducido los costos de mantenimiento inmobiliario. ABAT conserva la propiedad del terreno y declaró que "continúa comercializando la propiedad para la venta", pero no proporcionó un cronograma alternativo, comprador o estimaciones de impacto financiero. No se incluyeron otras actualizaciones operativas o financieras en este informe.

American Battery Technology Company (ABAT)� 2025� 4� 1일에 체결� 네바� � 펀리의 비핵� 12에이� 부동산� 675� 달러� 매각하기� � 계약� 종료되었다고 8-K 보고서를 제출했습니다. 매수인은 2025� 7� 28� 실사 기간 � 계약� 취소했으�, 회사� 조기 종료 벌금 없이 계약� 무효화되었습니다.

이번 거래 취소� 인해 현금 유입 계획� 연기되어 유동� 강화와 부동산 유지 비용 절감� 지연되었습니다. ABAT� 토지 소유권을 유지하며 "계속해서 부동산 매각� 추진하고 있다"� 밝혔으나, 대� 일정, 매수� 또는 재무 영향 추정치는 제공하지 않았습니�. 이번 보고서에� 다른 운영 또는 재무 업데이트가 포함되지 않았습니�.

American Battery Technology Company (ABAT) a déposé un formulaire 8-K annonçant que son accord du 1er avril 2025 pour la vente d’un terrain non stratégique de 12 acres à Fernley, Nevada, pour 6,75 millions de dollars a été annulé. L’acheteur a annulé la transaction le 28 juillet 2025 pendant la période de due diligence, et le contrat a été résilié sans pénalités de résiliation anticipée pour la société.

Cette annulation reporte une injection de trésorerie prévue qui aurait pu renforcer la liquidité et réduire les coûts liés à l’immobilier. ABAT conserve la propriété du terrain et a déclaré « continuer à commercialiser la propriété à la vente », mais n’a fourni aucun calendrier alternatif, acheteur ou estimation d’impact financier. Aucun autre mise à jour opérationnelle ou financière n’a été incluse dans ce dépôt.

American Battery Technology Company (ABAT) hat ein 8-K eingereicht und bekannt gegeben, dass ihre Vereinbarung vom 1. April 2025 zum Verkauf eines nicht zum Kerngeschäft gehörenden 12 Hektar großen Grundstücks in Fernley, Nevada, für 6,75 Millionen US-Dollar beendet wurde. Der Käufer sagte den Deal am 28. Juli 2025 während der Due-Diligence-Phase ab, und der Vertrag wurde ohne üԻ徱ܲԲٰڱ für das Unternehmen aufgehoben.

Die abgesagte Transaktion verschiebt eine geplante Kapitalzufuhr, die die Liquidität hätte stärken und die Immobilienhaltungskosten hätte senken können. ABAT behält das Eigentum an dem Grundstück und gab an, dass es "weiterhin das Grundstück zum Verkauf anbietet", lieferte jedoch keinen alternativen Zeitplan, Käufer oder finanzielle Auswirkungen. Weitere operative oder finanzielle Updates wurden in dieser Meldung nicht angegeben.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2025

 

 

 

Commission File Number: 001-40298

 

 

 

SMART SHARE GLOBAL LIMITED

 

6th Floor, 799 Tianshan W Road

Changning District, Shanghai 200335

The People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x                  Form 40-F¨

 

 

 

 

 

 

Exhibit Index

 

Exhibit No. Description
99.1 Press Release—Smart Share Global Limited Enters into Definitive Merger Agreement for Going Private Transaction
99.2 Agreement and Plan of Merger, dated August 1, 2025, by and among Mobile Charging Group Holdings Limited, Mobile Charging Investment Limited, Mobile Charging Merger Limited, and Smart Share Global Limited

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  SMART SHARE GLOBAL LIMITED
   
   
  By : /s/ Maria Yi Xin
  Name : Maria Yi Xin
  Title : Chief Financial Officer

 

Date: August 1, 2025

 

 

 

FAQ

What agreement did ABAT terminate?

A Commercial/Investment Property Purchase Agreement to sell its 12-acre Fernley, NV property for $6.75 million.

When was the property sale cancelled?

The buyer cancelled during due diligence, and the agreement was terminated on July 28 2025.

Will ABAT pay any penalties for the termination?

No, the filing states there are no material early-termination penalties.

Does ABAT still plan to sell the Fernley property?

Yes. The company says it continues to market the property for sale.

How much cash was ABAT expecting from the aborted sale?

The deal would have provided $6.75 million in proceeds.

Is there any update on ABAT’s overall liquidity?

The 8-K gives no additional liquidity or financial guidance.
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