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

What Is The Investigation About?
On March 25, 2025, before market hours, Pony AI announced its financial results for its fourth quarter and full year 2024, revealing that 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.