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Stock impact report

Polestar Announces Equity Financing of USD 400 Million

Polestar Automotive Holding UK Limited - Class A ADS (PSNY) 
Company Research Source: Business Wire
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today announced a USD 400 million equity investment by Feathertop Funding Limited, a special purpose vehicle consolidated to Sumitomo Mitsui Banking Corporation, and Standard Chartered Bank (Hong Kong) Limited, with USD 200 million each. Concurrent with the purchase, these financial institutions have each entered into a put option arrangement with a wholly-owned subsidiary of Geely Sweden Holdings AB, which provides the financial institutions with an exit path, if needed, in three years with certain returns, as part of this equity financing arrangement. The terms are similar to the equity financing arrangements announced by the Company in December 2025.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260201126190/en/Michael Lohscheller, Polestar CEO, says: “Following the new equity financing and the funding announcements in December, and with the support of Geel Show less Read more
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