09:56 AM EDT, 03/16/2026 (MT Newswires) -- Polestar Automotive Holding UK ( PSNY ) said Monday that it secured a $300 million investment from purchasers such as Innovator, Vida Finance, Credit Agricole, and Proximastar Holdings.

As part of the financing deal, the company said the investors also signed a put option arrangement with a Geely Sweden Holdings subsidiary for an exit in three years with certain returns.

Polestar said none of the investors' stakes will exceed 5% following the financing.

Polestar shares were 3% higher in Monday trading.

Price: 16.56, Change: +0.18, Percent Change: +1.13