Polly Ranton Posted June 25, 2024 Posted June 25, 2024 The changes come amid a steady, two-year-long decline in the share price. Since its New York listing via a blank-check merger in 2022, Polestar has been struggling with operational challenges, including the manufacturer’s slower-than-expected ramp up and a cooling demand for EVs. Last month, Nasdaq warned the company it could be delisted after management failed to file a 2023 annual report with the US securities regulator on time. Samuelsson was a driving force in the stock market listings of both Polestar and Volvo. Quote
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