Hesai Lawsuit Submission Form

Company: Hesai Group

Ticker: (NASDAQ) HSAI

Deadline

Passed

Lead Plaintiff Deadline: June 06, 2023

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Allegations

The filed complaint alleges that Hesai Group made materially false and/or misleading statements and/or failed to disclose that:

(1) Hesai Group’s gross margin decrease was caused by a lower in-house utilization rate; (2) Hesai Group’s gross margin was 30% for the fourth quarter—which was completed over a month before the date of the amended registration statement; and (3); as a result, defendants’ public statements were materially false and misleading at all relevant times and negligently prepared.