Stock Performance - Polestar's stock price experienced a significant decline in 2025, dropping approximately 57% compared to the beginning of the year and over 95% from its peak at the time of its IPO in 2021. The stock has been trading below $1, leading to a delisting warning from NASDAQ [1]. Recent Events - To address the delisting risk, Polestar implemented a reverse stock split in early December 2025, adjusting the American Depositary Shares (ADS) ratio from 1:1 to 1:30. This measure aims to increase the share price to comply with NASDAQ listing rules. Prior to the split, the stock price was approximately $0.47 [2]. Funding Movements - Despite facing challenges, major shareholder Geely Holding Group continues to provide financial support. For instance, in June 2025, Polestar secured $200 million in funding from an investment platform owned by Li Shufu, indicating Geely's confidence in the company's long-term development [3].
极星股价大跌面临退市风险,获吉利2亿美元融资支持