News for BEST Inc. (BEST)

HANGZHOU, China, March 8, 2025 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ('BEST' or the 'Company'), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced the completion of its merger (the 'Merger') with Phoenix Global Partners, an exempted company with limited liability incorporated under the laws of the Cayman Islands ('Merger Sub'), pursuant to the previously announced agreement and plan of merger, dated as of June 19, 2024 (the 'Merger Agreement'), among the Company, BEST Global Partners, an exempted company with limited liability incorporated under the laws of the Cayman Islands ('Parent') and Merger Sub. As a result of the Merger, the Company has become a wholly owned subsidiary of Parent and has ceased to be a publicly traded company.

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HANGZHOU, China, Feb. 18, 2025 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ('BEST' or the 'Company'), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced that at an extraordinary general meeting of shareholders (the 'EGM') held on February 18, 2025 (Beijing Time), the Company's shareholders voted in favor of, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the 'Merger Agreement'), dated as of June 19, 2024, among the Company, BEST Global Partners, an exempted company with limited liability incorporated under the laws of the Cayman Islands ('Parent') and Phoenix Global Partners, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly-owned subsidiary of Parent ('Merger Sub'), pursuant to which Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of Parent (the 'Merger'), the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands in connection with the Merger (the 'Plan of Merger') and the consummation of the transactions contemplated by the Merger Agreement and the Plan of Merger, including the Merger.

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Based in Hangzhou, China, BEST Inc. (BEST, Financials) a supply chain solutions company has gotten a warning from the New York Stock Exchange declaring it does

China-based supply chain service provider BEST (BEST) announced on Friday the receipt of an NYSE notice over delayed filing of its financial information.

HANGZHOU, China, Jan. 10, 2025 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ('BEST' or the 'Company'), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced that, on January 6, 2025, the Company received a notice from the New York Stock Exchange (the 'NYSE') Regulation stating that it is not in compliance with the NYSE's continued listing requirements under the timely filing criteria pursuant to Section 802.01E of the NYSE Listed Company Manual (the 'Continued Listing Criteria') as a result of the Company's failure to timely file its Form 6-K containing semi-annual financial information for the half year ended June 30, 2024 (the '1H 2024 6-K') with the U.S. Securities and Exchange Commission (the 'SEC').

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