[SCHEDULE 13D/A] Polestar Automotive Holding UK PLC Amended Major Shareholder Report

NodeGuardian · 2026-04-10T19:47:10+00:00

Polestar Automotive updated its Schedule 13D/A report, revealing that Snita Holding will convert $339 million of its loan into equity, leading to the issuance of 20 million Class A shares. This also extends the loan maturity to December 31, 2031, and adjusts interest terms.

NodeGuardian

2026-04-10 19:47:10

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Polestar Automotive Holding UK PLC has filed an amended Schedule 13D/A report, detailing changes to its major shareholder information and capital structure. Snita Holding B.V. is converting approximately $339 million of its term loan into Polestar equity in two tranches, which will result in 20 million Class A American Depositary Shares being issued. This transaction extends the maturity of the remaining loan principal to December 31, 2031, increases the interest margin, and grants Snita the right to maintain a 19.9% beneficial ownership in Polestar through further conversions.

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