DiDi Global Inc.'s shares listed in the United States dropped as much as 22% in the premarket on Monday after the company announced late last week that it scheduled an extraordinary general meeting of shareholders in Beijing on May 23.
Stockholders will "vote on the voluntary delisting" of DiDi's shares from the New York Stock Exchange "as soon as practicable," the company specified. The China-based ride-hailing firm also revealed that "in order to better cooperate with the cybersecurity review and rectification measures, the Company will not apply for listing of its shares on any other stock exchange before completion of the Delisting."
DiDi shares in New York plummeted 17.48% at 4:28 am ET.
