Polestar Announces Plan To Change Its ADS Ratio From 1 ADS = 1 Ordinary Share To 1 ADS = 30 Ordinary Shares
Author: Benzinga Newsdesk | November 14, 2025 08:08am
Polestar (NASDAQ:PSNY) (the "Company") today announces that it plans to change the ratio of its Class A, Class B, Class C-1 and Class C-2 American Depositary Shares (collectively, the "ADSs") to the respective Class A, Class B, Class C-1 and Class C-2 ordinary shares (the "ADS Ratio") from the current ADS Ratio of one (1) ADS to one (1) ordinary share, to a new ADS Ratio of one (1) ADS to thirty (30) ordinary shares (the "ADS Ratio Change"). The Company anticipates that the ADS Ratio Change will be effective prior to the end of 2025.
Posted In: PSNY