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Polestar announces 1-for-30 reverse stock split to maintain Nasdaq listing

On November 14, Sweden-based Polestar announced it would conduct a 1-for-30 reverse stock split of its American Depository Shares (ADS) as it seeks to avoid a Nasdaq delisting.
The reverse split, which consolidates multiple shares into fewer, will not change the value of investors' overall holdings but can mechanical....

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