Lobo EV Technologies Ltd. Receives Nasdaq Notification for Non-Compliance with Minimum Bid Price Requirement

Reuters

05-17

Lobo EV Technologies Ltd. Receives Nasdaq Notification for Non-Compliance with Minimum Bid Price Requirement

Lobo EV Technologies Ltd. $(LOBO)$, based in Wuxi, China, announced on May 16, 2025, that it has received a notification from the Nasdaq Stock Market indicating non-compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company's ordinary shares have closed below $1.00 per share for 33 consecutive business days, from March 26 to May 12, 2025. Lobo has until November 10, 2025, to regain compliance by ensuring its share price meets or exceeds $1.00 for at least 10 consecutive business days. The company is exploring all available options to address the issue, including a potential reverse stock split, to maintain its Nasdaq listing. The notification currently has no immediate impact on the trading of Lobo's shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lobo EV Technologies Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-011278), on May 16, 2025, and is solely responsible for the information contained therein.

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Lobo has until November 10, 2025, to regain compliance by ensuring its share price meets or exceeds $1.00 for at least 10 consecutive business days. The company is exploring all available options to address the issue, including a potential reverse stock split, to maintain its Nasdaq listing. The notification currently has no immediate impact on the trading of Lobo's shares.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Receives Nasdaq Notification for Non-Compliance with Minimum Bid Price Requirement\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-17 05:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Lobo EV Technologies Ltd. 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ID: 0001641172-25-011278), on May 16, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LOBO","symbol_name":"蘿貝電動車","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250516:nNDLbLvYWQ:1","article_id":"2536323052","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536323052","pubTimestamp":1747429545,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Lobo EV Technologies Ltd. , based in Wuxi, China, announced on May 16, 2025, that it has received a notification from the Nasdaq Stock Market indicating non-compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. 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Receives Nasdaq Notification for Non-Compliance with Minimum Bid Price Requirement\n    \n\n        Lobo EV Technologies Ltd. $(LOBO)$, based in Wuxi, China, announced on May 16, 2025, that it has received a notification from the Nasdaq Stock Market indicating non-compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company's ordinary shares have closed below $1.00 per share for 33 consecutive business days, from March 26 to May 12, 2025. Lobo has until November 10, 2025, to regain compliance by ensuring its share price meets or exceeds $1.00 for at least 10 consecutive business days. The company is exploring all available options to address the issue, including a potential reverse stock split, to maintain its Nasdaq listing. The notification currently has no immediate impact on the trading of Lobo's shares.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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