Announcement of receipt of notice from nasdaq regarding minimum bid price requirement

Gothenburg, sweden--(business wire)--polestar (nasdaq: psny) has received notice from the nasdaq stock market llc that the company is not currently in compliance with the $1.00 minimum bid price requirement, as set forth in nasdaq listing rule 5450(a)(1). the notice indicated that, consistent with nasdaq listing rule 5810(c)(3)(a), the company has 180 days, or until 2 january 2025, to regain compliance, by having the closing bid price of the company's adss meet or exceed $1.00 per ads for at le.
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