Swedish EV maker Polestar receives deficiency notice from Nasdaq for late annual report filing.

Swedish EV maker Polestar has received a notice from Nasdaq for not meeting the exchange's listing rules related to timely filing of its annual report. The company has 60 days to submit a plan of compliance. This deficiency notice is a formal alert sent to a company that is not meeting the minimum standards for continued listing, serving as a warning to rectify the issues or face potential delisting.