Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Pony AI Inc. and its officers or directors [1] Group 1: Company Overview - Pony AI Inc. conducted its U.S. initial public offering (IPO) on November 27, 2024, offering 20 million American Depositary Shares (ADSs) at a price of $13.00 per share [3] - The company reported a significant decline in financial performance, with a 29.8% year-over-year decrease in sales and a 61.9% year-over-year decline in Robotaxi services revenue for the year ended December 31, 2024 [3] Group 2: Market Reaction - Following the announcement of its financial results, Pony's ADS price dropped by $1.07, or 8.1%, closing at $12.14 per ADS on March 25, 2025 [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Pony AI Inc. - PONY