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Smart Share retains advisor, counsel to review going private proposal

Smart Share retains advisor, counsel to review going private proposal

Smart Share (EM) announced that the special committee of the company’s board of directors has retained Kroll as its independent financial advisor and Skadden, Arps, Slate, Meagher & Flom as its U.S. legal counsel in connection with its review and evaluation of the previously announced non-binding “going private” proposal from Trustar Mobile Charging, Mars Guangyuan Cai, chairman of the board and CEO of the company, Peifeng Xu, director and president of the company, Victor Yaoyu Zhang, chief marketing officer of the company, and Maria Yi Xin, director and CFO of the company that the board received on January 5.

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