Pony.ai Founders Enter Voluntary Extended Lock-Up Agreements Covering 22.9% of Outstanding Shares

Reuters
05-14
Pony.ai Founders Enter Voluntary Extended Lock-Up Agreements Covering 22.9% of Outstanding Shares

Pony.ai Inc., a leader in autonomous mobility, has announced that its co-founders, Dr. Jun Peng and Dr. Tiancheng Lou, have entered into voluntary extended lock-up agreements. These agreements cover all shares and securities owned by the co-founders for a period of 540 days, starting from May 25, 2025, following the expiration of the company's initial public offering lock-up period. The extended lock-ups involve 110,828 Class A ordinary shares and 81,088,770 Class B ordinary shares, representing approximately 22.9% of the total outstanding shares. This move is intended to demonstrate the founders' confidence in Pony.ai's vision and growth strategy, aiming to bolster long-term shareholder confidence as the company scales its Robotaxi production and deployment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pony.ai Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9451199-en) on May 14, 2025, and is solely responsible for the information contained therein.

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