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Polestar announces new equity financing of USD 300 million

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Polestar

16 March 2026

Corporate
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Polestar announces new equity financing of USD 300 million
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Polestar (Nasdaq: PSNY) today announced a total of USD 300 million in equity investments by purchasers including Crédit Agricole CIB, Vida Finance S.A., Innovator Limited and Proximastar Holdings Company Limited. Concurrent with the purchase, these purchasers have each entered into a put option arrangement with a wholly-owned subsidiary of Geely Sweden Holdings AB, which provides the purchasers with an exit path, if needed, in three years with certain returns, as part of this equity financing arrangement. The terms are similar to the equity financing arrangements announced by the Company in December 2025 and February 2026.

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