PONY AI INC SPON ADS EA REP 1 COM CL – BRWKBD6/US7329081084
When looking at ADR’s (or other depository type interests/receipts such as ADS’s), the listing or trading of the actual ADR or ADS is irrelevant. All that matters is the qualifying status of the underlying shares. If the underlying shares are ISA qualifying (because they are listed on a recognised stock exchange or admitted to trading on a recognised stock exchange in the EEA, including the UK), then the ADR (or ADS) automatically qualify (regardless of its listing status).
If the list below of ADRs/ADSs don’t have any underlying shares that are ISA qualifying, then the ADS or ADR won’t qualify for ISA inclusion regardless of its listing. My point being we are not looking at the listing of these ADRs/ADSs we are looking to see if they have any underlying shares that are ISA qualifying (usually information on the company website – investors area).
The ordinary shares in PONY don’t appear to have an individual listing meaning that the shares themselves are not ISA qualifying. See link below from company website. This then means that any depository interests representing the shares (ADRs) are also not ISA qualifying.