From GlobeNewswire: 2025-05-16 17:00:00

LOBO EV Technologies Ltd. received a notification from Nasdaq for not meeting the minimum bid price requirement for continued listing. The closing bid price of the Company’s shares was below $1.00 for 33 consecutive business days. LOBO has a 180-day compliance period to regain compliance by maintaining a minimum bid price of $1.00 for at least 10 consecutive business days. If necessary, the Company may consider a reverse stock split to meet requirements. LOBO specializes in e-bicycles, e-mopeds, and AI-powered multimedia systems, aiming to provide intelligent mobility solutions. For more information, visit their website.



Read more at GlobeNewswire: LOBO Announces Receipt of Nasdaq Minimum Bid Price