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Inforich Inc. (TSE: 9338) has been officially removed from the S&P Global BMI Index following a significant shift in its ownership structure. The removal follows a successful management buyout (MBO) by Bain Capital Private Equity, which now controls a 97.09% stake in the company. Inforich is widely recognized for operating ChargeSPOT, a prominent mobile battery sharing service. This exclusion typically triggers forced selling by passive funds and ETFs that track the S&P Global BMI benchmark. However, the market impact may be mitigated as the vast majority of shares are already held by Bain Capital, significantly reducing the public float. The decision underscores the impact of major corporate acquisitions on index eligibility and liquidity requirements.
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