Pony AI Reports December 2025 Share Movements and Plans Streamlined Capital Structure

Pony AI Inc. Sponsored ADR ( (PONY) ) has issued an announcement.

On January 7, 2026, Pony AI Inc. filed a Form 6-K with the U.S. Securities and Exchange Commission and submitted a monthly return to the Hong Kong Stock Exchange detailing movements in its share capital for December 2025. The filing shows that the company’s authorized share capital remained unchanged at US$300,000.01, comprising Class A, Class B and undesignated WVR shares, and that its issued share base was stable at 352,452,783 Class A shares and 81,088,770 Class B shares, with no treasury shares. During December 2025, 162,166 options under the 2016 Share Plan were exercised and settled using existing Class A shares held by the depositary bank for future ADS issuance, 1,207,255 restricted share units vested, and 78,275 restricted share units were cancelled, leaving 1,621,005 share options outstanding and 8,159,605 shares still available for issuance under vested or outstanding RSUs. Pony AI also indicated it will convene a general meeting within six months of listing to amend its Articles so that its authorized capital will consist solely of Class A and Class B ordinary shares, signaling a move to simplify its capital structure while affirming that all December share-related activities complied with Hong Kong listing and regulatory requirements.

The most recent analyst rating on (PONY) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on Pony AI Inc. Sponsored ADR stock, see the PONY Stock Forecast page.

Spark’s Take on PONY Stock

According to Spark, TipRanks’ AI Analyst, PONY is a Neutral.

Pony AI Inc.’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue and profitability, and negative cash flows. However, the positive sentiment from the recent earnings call, highlighting significant revenue growth and strategic achievements, provides a counterbalance. Technical analysis and valuation concerns further weigh down the score.

To see Spark’s full report on PONY stock, click here.

More about Pony AI Inc. Sponsored ADR

Pony AI Inc. is a Cayman Islands–incorporated company headquartered in Guangzhou, China, and is listed in Hong Kong under stock code 02026. The company is controlled through a weighted voting rights (WVR) structure, with Class A ordinary shares listed on the Hong Kong Stock Exchange and Class B ordinary shares held off-market, and it operates with an authorized share capital divided into these WVR classes plus a pool of undesignated shares that it plans to streamline via amendments to its Articles of Association.

Average Trading Volume: 5,641,782

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.83B

Find detailed analytics on PONY stock on TipRanks’ Stock Analysis page.