Polestar Automotive Holding UK PLC filed a Form 6-K on November 5, 2026, disclosing that its subsidiary Polestar Performance AB submitted a cross-border legal conversion plan to the Swedish Companies Registration Office, proposing to reincorporate as a Dutch B.V. under Dutch corporate law.

Key Highlights

  • Conversion filing date: On November 5, 2026, Polestar Performance AB filed a conversion plan with the Swedish Companies Registration Office.
  • Proposed legal change: PPAB proposes a cross-border legal conversion into a Dutch B.V. (besloten vennootschap), changing its registered office, legal form, and governing corporate law from Sweden to the Netherlands.
  • Same legal entity: According to the filing, PPAB "would continue as the same legal entity" through the conversion.
  • Stated rationale: The company disclosed the conversion is "part of transforming Polestar into a leaner, more efficient organisation at all levels, including its holding structure," and that Dutch corporate law will be more efficient for holding company and capital structure allocation purposes.
  • Operations unaffected: The filing states that operations and headquarters of the converted entity are planned to remain in Gothenburg, Sweden.
  • Signatories: The report was signed by Chief Executive Officer Michael Lohscheller and Chief Financial Officer Jean-François Mady.

Polestar Performance AB Proposes Reincorporation From Sweden to the Netherlands

According to the Form 6-K filed by Polestar Automotive Holding UK PLC (NASDAQ:PSNY) for the month of November 2026, its subsidiary Polestar Performance AB (referred to as "PPAB" and, upon conversion effectiveness, "PPBV") submitted a conversion plan to the Swedish Companies Registration Office on November 5, 2026. The plan proposes a cross-border legal conversion of PPAB into a Dutch B.V., a form of private limited company under Dutch law.

The filing states the conversion would proceed under "applicable Swedish and Dutch law implementing the EU mobility directive." The company disclosed that under the proposed structure, PPAB would continue as the same legal entity while shifting its registered office, legal form, and governing corporate law from Sweden to the Netherlands. The company characterized the move as part of efforts to build "a leaner, more efficient organisation at all levels, including its holding structure," and noted that Dutch corporate law was determined to be "more efficient for PPAB as a holding company and for Group capital structure allocation purposes."

Despite the change in legal domicile, the filing indicates that the operations and headquarters of the converted entity are planned to remain in Gothenburg, Sweden, at the address listed as Assar Gabrielssons Väg 9, 405 31 Göteborg. No financial figures, shareholder vote details, or expected completion timeline were included in this disclosure.

What Was Disclosed

Polestar Automotive Holding UK PLC reported that subsidiary Polestar Performance AB filed a conversion plan on November 5, 2026, to reincorporate as a Dutch B.V., citing holding company efficiency and capital structure rationale, while keeping operations in Gothenburg, Sweden.