Polestar (NASDAQ: PSNY) sets implementation date for ADS-to-share ratio change
Rhea-AI Filing Summary
Polestar Automotive Holding UK PLC submitted a Form 6-K to announce that it has issued a press release setting the implementation date for a previously disclosed change in the ratio of its Class A, Class B, Class C-1 and Class C-2 American Depositary Shares to the corresponding ordinary shares. The filing mainly serves as a notice that the timing of this ADS-to-ordinary-share ratio adjustment has now been scheduled.
The company also states that this report and the attached press release are incorporated by reference into its existing Form S-8 and two Form F-3 registration statements, meaning the ADS ratio change information becomes part of those offering documents.
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FAQ
What does Polestar Automotive (PSNY) disclose in this Form 6-K?
Polestar Automotive Holding UK PLC reports that it has issued a press release announcing the implementation date for a previously announced change in the ratio of its Class A, Class B, Class C-1 and Class C-2 American Depositary Shares to the corresponding ordinary shares.
Does this Polestar (PSNY) Form 6-K change the ADS structure?
The Form 6-K refers to a previously announced change in the ADS-to-ordinary-share ratio for Polestar’s Class A, Class B, Class C-1 and Class C-2 shares and announces that the implementation date for this change has now been set in a press release.
How does this Form 6-K affect Polestar’s existing registration statements?
Polestar states that this Form 6-K and its Exhibit 99.1 are incorporated by reference into its Form S-8 registration statement and two Form F-3 registration statements, making the ADS ratio change information part of those documents.
Where can investors find more details on Polestar’s ADS ratio change?
More detailed information is contained in Polestar’s press release dated December 4, 2025, which is filed as Exhibit 99.1 to this Form 6-K.
Who signed this Polestar Automotive (PSNY) Form 6-K?
The Form 6-K was signed on behalf of Polestar Automotive Holding UK PLC by Chief Executive Officer Michael Lohscheller and Chief Financial Officer Jean-François Mady, each dated December 4, 2025.