Pony.ai Founders Extend Lock-up Period by 540 Days in Unanimous Decision
2025-05-14 / Read about 0 minute
Author:小编   

On May 14, Pony.ai, a pioneering autonomous driving company, announced a significant move by its leadership. Peng Jun, the Chairman of the Board, Co-founder, and CEO, alongside Lou Tiancheng, Co-founder and CTO, have unanimously agreed to extend the lock-up period for their shares in the company by an additional 540 days beyond the initial public offering (IPO) lock-up period. Pursuant to this agreement, all shares and related securities held by the two founders will remain non-tradable for this extended duration. The shares covered under this extension encompass 110,800 Class A common shares and 81,088,800 Class B common shares, amounting to roughly 22.9% of the company's total issued common shares.