Emeren Group to go private via merger with Shurya Vitra for $0.20 per share, $2.00 per ADS

Emeren Group Ltd

Cash consideration of $0.20 per ordinary share ($2.00 per ADS); all outstanding shares cancelled.
Merger expected to close in Q3 2025, subject to shareholder vote and regulatory approvals.
Financing backed by equity commitment from Himanshu H. Shah and a limited guarantee to Parent.
Termination fee of $4.5M payable by either party under specified termination conditions.
Upon completion, Emeren will become privately held and ADSs delisted from NYSE.

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