Polestar Automotive Holding UK PLC (PSNY)
Company
Polestar Automotive Holding UK PLC (PSNY)
SPAC: Gores Guggenheim, Inc. (GGPI)
Jun 24, 2022
Electric Vehicle
Merger / DESPAC
SPAC/IPOIPOMar 2021SPAC/IPOIPOMar 2021- LOILOILOILOI
- AgreementDealAgreementDeal
- Merger voteVoteMerger voteVote
- MergerMergerJun 2022MergerMergerJun 2022
Merger · Jun 2022
SPAC/IPO details
A unit bundles the listed securities. Its components may become separately tradable after a period specified in the prospectus, even before a business combination. Units still outstanding at the business combination are generally separated into their components. Check the relevant SEC filings for the timing and procedure.
Only whole warrants can be exercised; fractional warrants per unit require multiple units to make a whole warrant. Warrants commonly allow holders to buy shares after a business combination at a set exercise price, often USD 11.50. They often last up to five years but may be redeemed earlier. Exercise date, price and term can differ; consult the relevant SEC filings.
Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand determined to improve society by using design and technology to accelerate the shift to sustainable mobility. Headquartered in Gothenburg, Sweden, its cars are available in 27 markets globally across North America, Europe and Asia Pacific. Polestar is scheduled to expand into additional markets in 2025.
Polestar has three models in its line-up: Polestar 2, an electric performance fastback; Polestar 3, the SUV for the electric age; and Polestar 4, the SUV coupé transformed. With plans to have a line-up of five performance EVs by 2026, Polestar 5, an electric four-door GT and Polestar 6, an electric roadster, are coming soon.
The Polestar 0 project supports the company’s ambitious goal of creating a truly climate-neutral production car by 2030. The research initiative also aims to create a sense of urgency to act on the climate crisis, by challenging employees, suppliers and the wider automotive industry, to drive towards zero.
Former names
| Name | Until |
|---|---|
| Polestar Automotive Holding UK Ltd | Apr 21, 2022 |
Chart/Sentiment
Financials
Polestar Automotive Holding UK PLC (PSNY)
| Period end | Revenue |
|---|---|
2024-12-3120-F | 2.0 bn USD |
2023-12-3120-F | 2.4 bn USD |
2022-12-3120-F | 2.4 bn USD |
2021-12-3120-F/A | 1.3 bn USD |
2020-12-3120-F | 610.2 m USD |
Source: SEC Company Facts · USD. Some values may be calculated; please verify them against the official SEC filings.
Gores Guggenheim, Inc. (GGPI)
Historical SPAC data
| Period end | Trust Assets |
|---|---|
2021-12-3110-Q | 800.1 m USD |
Source: SEC Company Facts · USD. Some values may be calculated; please verify them against the official SEC filings.
- Trust assetsFunds held in trust for redemptions or the merger.
- 800.1 m USD2021-12-31
Source: SEC Company Facts. Please verify calculated values against official filings.