Polestar Files Annual Report
Polestar (Nasdaq: PSNY) has successfully filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission. This filing has enabled the company to regain reporting compliance, meeting the requirements of Nasdaq Listing Rule 5250(c)(1). The Annual Report is now accessible to investors and interested parties through Polestar's Investor Relations website at www.investors.polestar.com.
This timely filing demonstrates Polestar's commitment to transparency and adherence to regulatory standards, which is important for maintaining investor confidence and its Nasdaq listing status. The availability of the report provides stakeholders with comprehensive insights into the company's financial performance and operations for the 2023 fiscal year.
Polestar (Nasdaq: PSNY) ha presentato con successo il suo Rapporto Annuale sul modulo 20-F per l'anno fiscale conclusosi il 31 dicembre 2023, presso la Commissione per i Titoli e gli Scambi degli Stati Uniti. Questa presentazione ha permesso all'azienda di ripristinare la conformità alle normative, soddisfacendo i requisiti della Regola di Quotazione Nasdaq 5250(c)(1). Il Rapporto Annuale è ora accessibile agli investitori e alle parti interessate attraverso il sito web delle Relazioni con gli Investitori di Polestar all'indirizzo www.investors.polestar.com.
Questa presentazione tempestiva dimostra l'impegno di Polestar verso la trasparenza e l'adesione agli standard normativi, elementi cruciali per mantenere la fiducia degli investitori e lo stato di quotazione su Nasdaq. La disponibilità del rapporto offre agli stakeholder una panoramica completa delle performance finanziarie e delle operazioni dell'azienda per l'anno fiscale 2023.
Polestar (Nasdaq: PSNY) ha depositado con éxito su Informe Anual en el formulario 20-F para el año fiscal que finalizó el 31 de diciembre de 2023, ante la Comisión de Valores y Bolsa de los Estados Unidos. Este depósito ha permitido a la compañía recuperar la conformidad de informes, cumpliendo con los requisitos de la Regla de Listado de Nasdaq 5250(c)(1). El Informe Anual ya está accesible para inversores y partes interesadas a través del sitio web de Relaciones con Inversores de Polestar en www.investors.polestar.com.
Este depósito oportuno demuestra el compromiso de Polestar con la transparencia y el cumplimiento de los estándares regulatorios, lo cual es importante para mantener la confianza de los inversores y su estatus de cotización en Nasdaq. La disponibilidad del informe proporciona a los interesados una visión completa del rendimiento financiero y las operaciones de la compañía durante el año fiscal 2023.
Polestar (Nasdaq: PSNY)는 2023년 12월 31일에 종료된 회계연도에 대한 20-F 양식의 연례 보고서를 미국 증권거래위원회에 성공적으로 제출했습니다. 이 제출로 인해 회사는 보고 규정 준수를 회복하게 되었으며, Nasdaq 상장 규칙 5250(c)(1)의 요구 사항을 충족하게 되었습니다. 연례 보고서는 www.investors.polestar.com의 Polestar 투자자 관계 웹사이트를 통해 투자자 및 이해관계자가 접근할 수 있게 되었습니다.
이번 적시에 제출된 보고서는 Polestar의 투명성에 대한 의지와 규제 기준 준수를 보여주며, 이는 투자자 신뢰와 Nasdaq 상장 상태 유지에 중요합니다. 보고서의 가용성은 이해관계자에게 2023 회계연도의 회사 재무 성과 및 운영에 대한 포괄적인 통찰을 제공합니다.
Polestar (Nasdaq: PSNY) a réussi à déposer son Rapport Annuel sur le formulaire 20-F pour l'exercice clos le 31 décembre 2023 auprès de la Commission des valeurs mobilières des États-Unis. Ce dépôt a permis à l'entreprise de retrouver la conformité en matière de reporting, respectant les exigences de la Règle de Cotation de Nasdaq 5250(c)(1). Le Rapport Annuel est désormais accessible aux investisseurs et aux parties intéressées via le site web des Relations Investisseurs de Polestar à l'adresse www.investors.polestar.com.
Ce dépôt effectué en temps utile démontre l'engagement de Polestar envers la transparence et le respect des normes réglementaires, ce qui est essentiel pour maintenir la confiance des investisseurs et son statut de cotation sur Nasdaq. La disponibilité du rapport offre aux parties prenantes une vue d'ensemble complète des performances financières et des opérations de l'entreprise pour l'exercice 2023.
Polestar (Nasdaq: PSNY) hat erfolgreich seinen Jahresbericht im Formular 20-F für das am 31. Dezember 2023 endende Geschäftsjahr bei der US-amerikanischen Securities and Exchange Commission eingereicht. Diese Einreichung hat es dem Unternehmen ermöglicht, die Berichterstattungskonformität wiederherzustellen und die Anforderungen der Nasdaq-Listing-Regel 5250(c)(1) zu erfüllen. Der Jahresbericht ist nun für Investoren und Interessierte über die Investor Relations-Website von Polestar unter www.investors.polestar.com zugänglich.
Diese fristgerechte Einreichung zeigt Polestars Engagement für Transparenz und die Einhaltung von regulatorischen Standards, was wichtig ist, um das Vertrauen der Investoren und den Status der Nasdaq-Notierung aufrechtzuerhalten. Die Verfügbarkeit des Berichts bietet den Stakeholdern umfassende Einblicke in die finanzielle Leistung und die Aktivitäten des Unternehmens im Geschäftsjahr 2023.
- Regained reporting compliance with Nasdaq Listing Rule 5250(c)(1)
- Timely filing of Annual Report on Form 20-F for fiscal year 2023
- None.
(Photo: Business Wire)
Polestar’s Annual Report on Form 20-F is available via the Investor Relations website: www.investors.polestar.com.
Forward-Looking Statements
Certain statements in this press release (“Press Release”) may be considered “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or the future financial or operating performance of Polestar including the number of vehicle deliveries and gross margin and funding updates. For example, projections of revenue, volumes, margins, cash flow break-even and other financial or operating metrics and statements regarding expectations of future needs for funding and plans related thereto are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Polestar and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) Polestar’s ability to maintain agreements or partnerships with its strategic partners, such as Volvo Cars, Geely or Xingji Meizu Group, and to develop new agreements or partnerships; (2) Polestar’s ability to maintain relationships with its existing suppliers, source new suppliers for its critical components and enter into longer term supply contracts and complete building out its supply chain, while effectively managing the risks due to such relationships; (3) Polestar’s reliance on its partnerships with vehicle charging networks to provide charging solutions for its vehicles and its reliance on strategic partners for servicing its vehicles and their integrated software; (4) Polestar’s reliance on its partners, some of which may have limited experience with electric vehicles, to manufacture vehicles at a high volume or develop devices, products, apps or operating systems for Polestar, and to allocate sufficient production capacity or resources to Polestar in order for Polestar to be able to increase its vehicle production capacities and product offerings; (5) the ability of Polestar to grow and manage growth profitably including expectations of growth and financial performance by generating expected revenues at expected selling prices, maintain relationships with customers and retain its management and key employees; (6) Polestar’s estimates of expenses, profitability, gross margin, cash flow, and cash reserves; (7) increases in costs, disruption of supply or shortage of materials, in particular for lithium-ion cells or semiconductors; (8) the possibility that Polestar may be adversely affected by other economic, business, and/or competitive factors; (9) the effects of competition and the high barriers to entry in the automotive industry, and the pace and depth of electric vehicle adoption generally on Polestar’s future business; (10) changes in regulatory requirements, governmental incentives, tariffs and fuel and energy prices; (11) the outcome of any legal proceedings that may be instituted against Polestar or others, adverse results from litigation, governmental investigations or audits, or tax-related proceedings or audits; (12) the ability to meet stock exchange listing standards; (13) changes in applicable laws or regulations or governmental incentive programs; (14) Polestar’s ability to establish its brand and capture additional market share, (15) the risks associated with negative press or reputational harm, including from lithium-ion battery cells catching fire or venting smoke; (16) delays in the design, development, manufacture, launch and financing of Polestar’s vehicles and other product offerings, and Polestar’s reliance on a limited number of vehicle models to generate revenues; (17) Polestar’s ability to continuously and rapidly innovate, develop and market new products; (18) risks related to future market adoption of Polestar’s offerings; (19) risks related to Polestar’s distribution model; (20) the impact of inflation, interest rate changes, the ongoing conflict between
Nothing in this Press Release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Polestar assumes no obligation to update these forward-looking statements, even if new information becomes available in the future, except as may be required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240814153027/en/
Bojana Flint
Head of Investor Relations
bojana.flint@polestar.com
Theo Kjellberg
Head of Corporate PR
theo.kjellberg@polestar.com
Source: Polestar
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