Polestar announces USD 300 million private share sale

Reuters03-16

Polestar announces USD 300 million private share sale

Polestar announced USD 300 million in equity investments from purchasers including Crédit Agricole CIB, Vida Finance, Innovator and Proximastar. The purchasers entered into put option arrangements with a wholly owned subsidiary of Geely Sweden Holdings that provide an exit path in three years. The price per Class A ADS is USD 19.34, and the transactions are expected to close by 19 March 2026. Following closing, none of the purchasers is expected to own more than 5% of Polestar’s outstanding equity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Polestar Automotive Holding UK plc published the original content used to generate this news brief via Business Wire (Ref. ID: 20260315522127) on March 16, 2026, and is solely responsible for the information contained therein.

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