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Polestar Announces Plan to Implement ADS Ratio Change From 1:1 to 1:30 Ordinary Shares

Polestar (NASDAQ:PSNY) (the "Company") today announces that it plans to change the ratio of its Class A, Class B, Class C-1 and Class C-2 American Depositary Shares (collectively, the "ADSs") to the respective Class A,