Polestar Automotive Holding UK plc has announced a USD 400 million equity investment from Feathertop Funding Limited, a special purpose vehicle consolidated to Sumitomo Mitsui Banking Corporation, and Standard Chartered Bank (Hong Kong) Limited, with each institution investing USD 200 million. As part of the agreement, both financial institutions have entered into a put option arrangement with a wholly-owned subsidiary of Geely Sweden Holdings AB, allowing an exit path after three years with certain returns. Neither institution will hold more than 10% of Polestar’s outstanding equity following the transaction, and the price per Class A ADS will be USD 19.34. The financial institutions will not face restrictions on the sale of the shares, aside from applicable securities laws. The transaction is expected to close by 5 February 2026, with BofA Securities serving as Polestar’s exclusive financial advisor.

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. Polestar Automotive Holding UK plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-008831), on February 02, 2026, and is solely responsible for the information contained therein.