Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 17

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 17
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 Shares ” means the Class A Shares in the form of Class A ADSs purchased by the GGI Sponsor, the PIPE Investors and Snita pursuant to the Sponsor Subscription Agreement, the PIPE Subscription Agreements and the Volvo Cars PIPE Subscription Agreement, respectively.

“ The Gores Group ” means The Gores Group, LLC, an affiliate of the GGI Sponsor.

“ TUSD ” means thousands of U.S. Dollars.

“ U.S. Dollars ” and “ USD ” and “ $ ” means United States dollars, the legal currency of the United States.

“ U.S. GAAP ” means generally accepted accounting principles in the United States.

“ United Kingdom ” or “ UK ” means the United Kingdom of Great Britain and Northern Ireland and its territories and possessions.

“ United States ” or “ US ” means the United States of America and its territories and possessions.

“ Volvo Cars ” means Volvo Car AB (publ) and its subsidiaries.

“ Volvo Cars PIPE Subscription Agreement ” means the subscription agreement, dated September 27, 2021, as amended and restated on December 17, 2021 and amended on March 24, 2022, by and among GGI, the Company and Volvo Cars, pursuant to which Volvo Cars via its subsidiary Snita purchased 1,117,390 Volvo Cars PIPE Subscription Shares for a purchase price of $10.00 per share.

“ Volvo Cars PIPE Subscription Investment ” means the purchase of Volvo Cars PIPE Subscription Shares pursuant to the Volvo Cars PIPE Subscription Agreement.

“ Volvo Cars PIPE Subscription Shares ” means the Class A Shares in the form of Class A ADSs purchased by Snita in the Volvo Cars PIPE Subscription Investment.

“ Volvo Cars Preference Subscription Agreement ” means the subscription agreement, dated September 27, 2021, by and between the Company and Snita as amended on March 24, 2022, pursuant to which Snita purchased, at Business Combination Closing, mandatory convertible preference shares of the Company for an aggregate subscription price of $10.00 per share, for an aggregate investment amount equal to TUSD588,826.

“ Volvo Cars Preference Subscription Investment ” means the purchase of the Volvo Cars Preference Subscription Shares pursuant to the Volvo Cars Preference Subscription Agreement.

“ Volvo Cars Preference Subscription Shares ” means the mandatory convertible preference shares of the Company purchased by Snita pursuant to the Volvo Cars Preference Subscription Agreement.

<div align='center'>5</div>

# PART I

## ITEM 4. INFORMATION ON THE COMPANY

#### A. History and Development of the Company
The legal name