Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 12

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 12
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 earn out shares issuable by the Company in the form of Class A ADSs.

“ Earn Out Class B Shares ” means the earn out shares issuable by the Company in the form of Class B ADSs.

“ Earn Out Shares ” means earn out shares from the Company issuable in Class A ADSs and Class B ADS to certain Former Parent Shareholders depending on share price performance of Polestar.

“ Employee Stock Purchase Plan ” means Polestar Automotive Holding UK PLC 2022 Stock Purchase Plan.

“ Equity Plan ” means the Polestar Automotive Holding UK PLC 2022 Omnibus Incentive Plan.

“ EU ” means the European Union.

“ Exchange Act ” means the Securities Exchange Act of 1934, as amended, together with the rules and regulations promulgated thereunder.

“ Former Parent ” means Polestar Automotive Holding Limited, a Hong Kong incorporated company, which completed a voluntary liquidation in 2023.

“ Former Parent Shareholders ” means Snita, PSINV AB, PSD Investment Limited, GLY New Mobility 1. LP, Northpole GLY 1 LP, Chongqing Liangjiang , Zibo Financial Holding Group Co., Ltd. and Zibo High-Tech Industrial Investment Co., Ltd.

“G AAP ” means generally accepted accounting principles in the United States.

“ Geely ” means Zhejiang Geely Holding Group Company Limited.

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“ Geely Term Loan Facility ” means the Term Loan Facility, dated November 3, 2022, between the Company, as borrower, and Geely Sweden Automotive Investment AB, as lender.

“ GGI ” means Gores Guggenheim, Inc.

“ GGI Class A Common Stock ” means the shares of Class A common stock, par value $0.0001 per share, of GGI.

“ GGI Class F Common Stock ” means the shares of Class F common stock, par value $0.0001 per share, of GGI.

“ GGI Common Stock ” means the GGI Class A Common Stock and the GGI Class F Common Stock.

“ GGI Initial Stockholders ” means the GGI Sponsor and Randall Bort, Elizabeth Marcellino and Nancy Tellem, GGI’s independent directors.

“ GGI Public Warrants ” means the warrants included in the GGI public units (consisting of one share of GGI Class A Common Stock and one-fifth of one GGI Public Warrant) issued in the GGI initial public offering, consumm