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Pony AI Inc. (PONY) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

By: Law Offices of Howard G. Smith via Business Wire
March 27, 2025 at 18:28 PM EDT

Law Offices of Howard G. Smith announces an investigation on behalf of Pony AI Inc. (“Pony AI” or the “Company”) (NASDAQ: PONY) investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PONY AI INC. (PONY), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Happened?

On March 25, 2025, before market hours, Pony AI announced its financial results for its fourth quarter and full year 2024, revealing revenue of “$35.5 million in the fourth quarter of 2024, representing a decrease of 29.8% from US$50.6 million in the fourth quarter of 2023.” The Company stated the decrease was “mainly influenced by the timing of project-based revenue recognition.” The Company further revealed robotaxi services were down to “$2.6 million in the fourth quarter of 2024, representing a decrease of 61.9% from US$6.7 million in the fourth quarter of 2023.” The Company explained that decrease was “mainly driven by reduced service fees from providing autonomous vehicle engineering solutions based on our collaboration projects’ progression schedule.”

On this news, Pony AI’s stock price fell $1.07, or 8.1%, to close at $12.14 per share on March 25, 2025, thereby injuring investors.

Contact Us To Participate or Learn More:

If you purchased Pony AI securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Law Offices of Howard G. Smith

3070 Bristol Pike, Suite 112

Bensalem, Pennsylvania 19020

Telephone: (215) 638-4847

Email: howardsmith@howardsmithlaw.com

Visit our website at: www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250327461134/en/

Contacts

Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com

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