Gores Guggenheim Inc (GGPI)

[ANTADOG]

News: Polestar, the pure play electric performance car brand, plans to strengthen its Board of Directors ahead of its planned listing on the Nasdaq stock exchange in New York later this year.

The changes are expected to broaden the Board’s competence within the electric vehicle space and international capital markets, creating a best-in-class structure in terms of international corporate governance.

Håkan Samuelsson, Chairperson of Polestar’s Board of Directors, says: “Ahead of becoming a publicly listed company, I am delighted to announce a very competent, experienced and international Board of Directors, with a majority of independent directors and in line with the best practices of corporate governance.

“I would also like to take this opportunity to thank Eric Li and Lars Danielsson for the invaluable contribution they have made to Polestar and look forward to Eric Li’s continued support as a major shareholder.”

Polestar intends to list on the Nasdaq in a proposed business combination with Gores Guggenheim, Inc. (Nasdaq: GGPI, GGPIW, and GGPIU), which is expected to close in the first half of 2022.