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Stock impact report

Polestar Raises US$400 Million As Geely Support Eases Liquidity Fears [Yahoo! Finance]

Polestar Automotive Holding UK Limited - Class C-1 ADS (ADW) (PSNYW) 
Company Research Source: Yahoo! Finance
Polestar Automotive Holding UK (NasdaqGM:PSNY) secured a $400 million equity investment from institutional investors. The deal involves Feathertop Funding and Standard Chartered Bank (Hong Kong), with Geely providing a structured exit via a put option. This capital injection follows a period of record retail sales and comes at a time of investor focus on liquidity and cash burn. Polestar operates in the premium electric vehicle segment, where competition from global automakers and newer EV brands has intensified. Investors in NasdaqGM:PSNY have been watching the company's cash position closely, especially given broader concerns around funding needs across the EV sector. In this context, a sizable equity deal with institutional players and clear support from Geely directly addresses questions around access to capital. For you as an investor, the structure of this transaction is as important as the size. The put option to Geely gives participating banks a defined exit route, wh Show less Read more
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