Polestar Automotive Holding UK PLC USDC – District of New Jersey FEBRUARY 3, 2025 CLASS PERIOD: NOVEMBER 14, 2022 – JANUARY 16, 2025LEAD PLAINTIFF DEADLINE: march 31, 2025 Please complete the form below to contact Kaplan Fox regarding the Polestar Investigation: Join a Case First Name * Last Name * Email Address * Phone Number * Ticker Symbol Or Company Name * Please Insert Your Estimation Of Losses In USD * Are you a current or former employee of the company mentioned having traded above? * Yes No Captcha Submit If you are human, leave this field blank. Principle Contacts Jeffrey P. Campisi JCampisi@kaplanfox.comPamela MayerPMayer@kaplanfox.comLaurence D. KingLKing@kaplanfox.com Kaplan Fox Alerts Polestar Automotive Holding UK PLC (PSNY) Investors to a Securities Class Action Lawsuit – Deadline is March 31, 2025 Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Polestar Automotive Holding UK PLC (“Polestar” or the “Company”) (NASDAQ: PSNY) on behalf of investors who purchased or otherwise acquired publicly traded Polestar securities between November 14, 2022 and January 16, 2025 (the “Class Period”). CLICK HERE TO JOIN THE CASE If you are an investor in Polestar and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing jcampisi@kaplanfox.com or by calling (212) 329-8571. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than March 31, 2025 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. According to the complaint, on January 16, 2025, before the market opened, Polestar filed a current report on Form 6-K with the U.S. Securities and Exchange Commission that stated that “the Company’s previously issued audited financial statements included within Annual Reports on Form 20-F for the years ended December 31, 2022 and December 31, 2023 (the ‘Audited Affected Financials’) and the unaudited interim financial information included within Current Reports on Form 6-K for the quarterly periods ending on and falling between September 30, 2022 and June 30, 2024 (the ‘Unaudited Affected Financials’ and together with the Audited Affected Financials, the ‘Affected Financials’) contain errors that warrant restatement of the Audited Affected Financials and the interim financial information for the six-month periods ended June 30, 2023, and June 30, 2024 . . . As a result of the above noted accounting errors, the Audit Committee, based on the recommendation of, and after consultation with, the Company’s management, have further concluded that the Affected Financials should no longer be relied upon . . .”. Following this news, the price of Class A Polestar ADSs declined by $0.135 per ADS, over 11%, to close at $1.085 per ADS. WHY CONTACT KAPLAN FOX Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. If you have any questions about this Notice, your rights, or your interests, please contact: CONTACT: Jeffrey P. CampisiKAPLAN FOX & KILSHEIMER LLP800 Third Avenue, 38th FloorNew York, New York 10022(212) 329-8571jcampisi@kaplanfox.com Laurence D. KingKAPLAN FOX & KILSHEIMER LLP1999 Harrison Street, Suite 1560Oakland, California 94612(415) 772-4704lking@kaplanfox.com Connect with Kaplan Fox. Receive a complimentary case review now. Contact Us Polestar Automotive Holding UK PLC See the Case Walgreens Boots Alliance, Inc. See the Case Crocs, Inc. See the Case Electronic Arts Inc. See the Case FTAI Aviation Ltd. See the Case Innovative Industrial Properties, Inc. See the Case AstraZeneca PLC See the Case TransMedics Group, Inc. See the Case Nextracker Inc. See the Case Revance Therapeutics, Inc. See the Case Carvana Co. See the Case MGP Ingredients, Inc. See the Case
