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LOBO EV Technologies Ltd. Announces Pricing of Initial Public Offering and Listing on Nasdaq
LOBOLOBO(LOBO) Newsfilter·2024-03-21 12:00

WUXI, China, March 21, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. ("LOBO" or the "Company"), an innovative electric vehicle manufacturer and seller, today announced the pricing of its initial public offering of 1,380,000 ordinary shares, at a public offering price of 4.00pershare.Grossproceedsoftheoffering,priortodeductingunderwritingdiscounts,commissionsandofferingexpensespayablebytheCompany,areexpectedtobeapproximately4.00 per share. Gross proceeds of the offering, prior to deducting underwriting discounts, commissions and offering expenses payable by the Company, are expected to be approximately 5.5 million. In addition, LOBO has granted the under ...