Polestar Automotive Holding UK PLC Sponsored ADR Class C (PSNYW) has released an update.
Polestar Automotive has regained full compliance with Nasdaq’s listing requirements after its American Depositary Shares maintained a closing bid price above $1.00 for over ten consecutive days. This achievement comes after a period of non-compliance due to a dip below the minimum bid price. The company is now poised to concentrate on its business strategy, including the rollout of its new performance SUVs.
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