Core Viewpoint - Polestar Automotive announced a $200 million equity investment from existing investor PSD Investment Limited, controlled by Li Shufu, founder and chairman of Geely Holding Group [1] Investment Details - The investment will be executed through a private investment in public equity (PIPE) transaction, where Polestar will issue 190,476,190 Class A American Depositary Shares (ADS) at a price of $1.05 each, totaling $200 million [1] - Prior to the transaction completion, PSD Investment plans to convert its 20 million Class B ADS into Class A ADS to maintain its voting rights below 50% [1]