Core Insights - The Portnoy Law Firm has initiated an investigation into possible securities fraud involving Pony AI Inc. and may file a class action on behalf of affected investors [1][2] Group 1: Company Overview - Pony AI Inc. completed its U.S. initial public offering (IPO) on November 27, 2024, selling 20 million American Depositary Shares (ADSs) at a price of $13.00 per share [2] - The company reported a significant decline in financial performance, with a 29.8% year-over-year decrease in sales and a 61.9% drop in revenue from its Robotaxi services for the fourth quarter and full year ended December 31, 2024 [3] Group 2: Market Reaction - Following the announcement of its financial results on March 25, 2025, Pony's ADS price fell by $1.07 per share, representing an 8.1% decline, closing at $12.14 [3]
Pony AI Inc. Investors: Company Investigated by the Portnoy Law Firm