Smart Share Global Limited (NASDAQ: EM) received an exception from Nasdaq Staff regarding its failure to file an interim report for the fiscal half-year ended June 30, 2025.

Nasdaq Staff initially notified the company on January 14, 2026, that it did not comply with Listing Rule 5250(c)(1) for not filing the required Form 6-K containing an interim balance sheet and income statement. Following further review and additional materials submitted by the company, Nasdaq Staff granted the exception.

Under the exception terms, Smart Share Global must file the interim report by June 29, 2026. If the company fails to meet this deadline, Nasdaq Staff will issue written notification regarding potential delisting of the company's securities. The company would retain the right to appeal such a determination to a Hearings Panel.

The company stated it is working toward filing the interim report and regaining compliance by the June 29, 2026 deadline.

Smart Share Global operates as Energy Monster, providing mobile device charging services in China through shared power banks placed in entertainment venues, restaurants, shopping centers, hotels, transportation hubs and public spaces. As of December 31, 2024, the company had 9.6 million power banks in 1,279,900 points of interest across more than 2,200 counties and county-level districts in China.