1. Polestar Automotive (PSNY) went public on the NASDAQ Stock Exchange on 24 June 2022 through a merger with special purpose acquisition company (SPAC) Gores Guggenheim.
2. Who owns the most shares of Polestar?
Following the SPAC merger and Nasdaq listing, Volvo Cars said that it would own 48.3% of the combined company. Institutional investors own just 1.1% of the stock, according to data from Simply Wall Street and Wall Street Zen. Although data from Nasdaq shows institutions holding 4.99%. Retail investors own 4.1% of the company and insiders 0.07%, according to Wall Street Zen.
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