Polestar Automotive Holding UK PLC Sponsored ADR Class C (PSNYW) has released an update.
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Polestar Automotive Holding UK PLC Sponsored ADR Class C, traded as PSNY on Nasdaq, has acknowledged a deficiency notice for not filing its Annual Report on time but remains listed as it works towards compliance. The company has a 60-day period to submit a compliance plan, potentially extending to an additional 180 days to meet Nasdaq’s requirements. Meanwhile, Polestar has secured a waiver from its lenders regarding the late report and is focused on filing the overdue Annual Report and its Q1 financial results for 2024 as soon as possible.
For further insights into PSNYW stock, check out TipRanks’ Stock Analysis page.
