Pony AI: Authorised Class A Shares Up by 20 Million in April; Issued Capital Steady

Bulletin Express
05/07

Pony AI Inc. (PONY-W, HKEX: 02026) filed its Monthly Return for April 2026, detailing the following equity movements and capital structure highlights:

1. Authorised Share Capital • Class A WVR ordinary shares were increased by 20.00 million to 518.91 million, lifting total authorised capital to USD 259,455.62. • The uplift stemmed from the 2 April shareholder approval to re-designate 20.00 million undesignated shares into Class A ordinary shares on a one-for-one basis. • No changes occurred in the 81.09 million authorised Class B shares, leaving total authorised share capital at USD 300,000.01.

2. Issued Shares and Public Float • Issued Class A shares remained unchanged at 352.45 million; no treasury shares are held. • Issued Class B shares also stayed flat at 81.09 million. • The company confirmed compliance with the minimum 10% public-float requirement for its HK-listed Class A shares.

3. Equity Incentive Activity • 15,000 options under the 2016 Share Plan were exercised, settled via shares already registered with the depositary bank. • Concurrently, 15,000 new options were granted under the newly adopted 2026 Share Scheme, keeping total outstanding options at 1.33 million. • Aggregate cash proceeds from option exercises amounted to USD 24,750.

4. Restricted Share Units (RSUs) • 5.75 million Class A shares remain issuable under the 2016 Share Plan after 983,410 RSUs vested and 455,026 lapsed in April. • 8.99 million shares are potentially issuable under the 2026 Share Scheme; 8.99 million RSUs were granted and 2,000 lapsed during the month.

5. No Warrants, Convertibles or Other Share Movements • The company reported no activity involving warrants, convertible securities, or additional treasury-share transactions.

Overall, April’s activity was limited to an expansion of authorised Class A share capital and routine equity-incentive movements, with the issued share count and public float ratio unchanged.

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