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LOBO Announces Receipt of Nasdaq Minimum Bid Price Notification
Globenewswire· 2025-05-16 21:00
Core Viewpoint - LOBO EV Technologies Ltd. has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its ordinary shares have been below $1.00 for 33 consecutive business days [1][2]. Compliance Status - The company has a 180-calendar-day compliance period until November 10, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for a minimum of 10 consecutive business days [3]. - If compliance is not achieved by the end of this period, the company may be eligible for an additional 180-calendar-day extension, provided it meets other continued listing standards [4]. Company Actions - The company intends to monitor the closing bid price of its ordinary shares and will explore all available options to regain compliance within the applicable grace periods [5]. Company Overview - LOBO EV Technologies Ltd. is engaged in the design, development, manufacturing, and sale of e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles, and is also expanding into medical technology manufacturing [6].
Damon Announces Plan to Resume Trading
Prnewswire· 2025-05-16 13:00
VANCOUVER, BC, May 16, 2025 /PRNewswire/ - Damon Inc. (Nasdaq: DMN) ("Damon" or the "Company"), a designer and developer of electric motorcycles and other personal mobility products that seek to empower the personal mobility sector through innovation, data intelligence and strategic collaborations, today announced that the Company has determined to forego its right to appeal Nasdaq's delisting determination, to enable the Company's common shares to begin trading on an alternative market. The Nasdaq staff ha ...
Shorepower Awarded Two New Project in California
Globenewswire· 2025-05-16 12:30
Company develops and rolls out new “medium speed” DC Fast ChargerPORTLAND, May 16, 2025 (GLOBE NEWSWIRE) -- Shorepower (OTC: SPEV) is pleased to announce they have been awarded two new projects in California totaling over $100,000. The company has been selected to install 4 new Level 2 connection points in Boron, CA and 12 Level 2 connection points in Norwalk, CA. These new awards add to Shorepower’s already robust commercial charging network with approximately 1,800 connection points, making Shorepower one ...
If the U.S.-China Trade Reset Holds, These 3 Stocks Could Fly
MarketBeat· 2025-05-16 12:23
On May 11, the United States and China agreed to a 90-day pause in their trade dispute. The United States agreed to slash tariffs from 145% to 30%, and China agreed to reduce its reciprocal tariffs from 125% to 10%. The glass-half-empty crowd will fall back on the saying: the devil is in the details. Even in the best of times, Chinese stocks carry some risk. Even though the companies are listed on U.S. exchanges, there is an opaqueness to the companies' finances that can be troubling. Now add in weakness in ...
Global Technologies, Ltd. Files Third Quarter 10-Q with SEC Highlighting Substantial Revenue Growth and Strategic Expansion
Globenewswire· 2025-05-16 12:00
GREENSBORO, NC, May 16, 2025 (GLOBE NEWSWIRE) -- Global Technologies, Ltd. (OTC PINK: GTLL) (“Global” or the “Company”), a publicly traded, multi-operational company driving innovation and sustainable growth across the technology and service sectors, today announced the filing of its Quarterly Report on Form 10-Q for the period ending March 31, 2025. The report reflects significant revenue growth, with the Company reporting a 473% increase in revenue compared to the same period last year. Additional financi ...
21新能说丨ABB电动交通中国区负责人吴波:AI技术正赋能充电链路新生态
2 1 Shi Ji Jing Ji Bao Dao· 2025-05-16 10:06
依托十余年汽车行业服务积淀与AI技术深度集成,ABB电动交通构建起涵盖充电诊断、运维预警、效能优化的全链路数字化解决方案。同时,通过定制化 方案开发,可实现用户端全流程可视化和数据互通与风险预判,助力车企加速电动化产品迭代。 "AI技术从两个方面赋能ABB的充电生态链,一方面是从用户端,另一方面是从运维端。"吴波介绍,在运维端,ChargeGuard故障诊断工具对运营商来说是 一个非常友好的AI赋能工具。 吴波举例,当用户在充电过程中,充电桩发生故障,由于引起故障的原因很多,通常会生成一段代码,但用户无法直接识别具体的故障原因。而通过AI赋 能的分析工具,能够快速帮助用户识别问题,形成文字输出并提供问题解决的方案。 21世纪经济报道记者费心懿 上海报道 在第四届上海国际充换电与光储充展览会上,ABB电动交通展示了多个电动充电领域的新方案、新产品。 ABB电动交通中国区负责人吴波在接受21世纪经济报道记者采访时介绍,面对激增的电动汽车保有量与高效补能需求,ABB电动交通正在用AI技术全面赋 能充电链路新生态。 在产品方面,ABB电动交通在展会期间推出的大功率超充系统采用智能功率分配技术,单枪峰值输出达650kW ...
Beam (BEEM) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:30
Beam Global (BEEM) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Speaker0 Good day, and welcome to the Beam Global First Quarter twenty twenty five Operating Results Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Lisa Potok, Chief Financial Officer. Please go ahead. Speaker1 Hi. Good afternoon and thank you for participating in Beam Global's first quarter twenty twenty five operating results conferen ...
U Power Limited Announces Filing of 2024 Annual Report with the U.S. Securities and Exchange Commission
Prnewswire· 2025-05-15 21:00
Core Viewpoint - U Power Limited has reported significant growth in revenue and is positioning itself as a key player in the electric vehicle (EV) battery power solution market in China, with a focus on its proprietary battery-swapping technology [2][3][5]. Financial Performance - In fiscal year 2024, U Power achieved a revenue growth of 124% year-over-year, reaching RMB 44.29 million (approximately US$ 6.16 million) [2][7]. - The net profit margin improved from -248% to -130%, indicating enhanced operational efficiency and progress towards profitability [7]. - The debt-to-asset ratio decreased from 19.7% to 16.7% as of December 31, 2024, reflecting reduced reliance on external financing and strengthening the company's financial stability [7]. Strategic Partnerships and Future Outlook - The company has established strategic partnerships in multiple countries, including Thailand, Portugal, Hong Kong, Peru, and Mexico, which are expected to catalyze global EV adoption [3]. - U Power plans to accelerate the international rollout of its UOTTA™ battery-swapping platform, supported by its financial discipline and growing international footprint [3].
Workhorse(WKHS) - 2025 Q1 - Earnings Call Transcript
2025-05-15 13:02
Workhorse Group (WKHS) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Company Participants Stan March - Vice President of Corporate Development & CommunicationsRick Dauch - CEOBob Ginnan - CFO Operator Greetings, and welcome to the Workhorse Group Q1 twenty twenty five Earnings Conference Call and Webcast. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It's now my pleasure to turn ...
Workhorse(WKHS) - 2025 Q1 - Earnings Call Transcript
2025-05-15 13:00
Workhorse Group (WKHS) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Speaker0 Greetings, and welcome to the Workhorse Group Q1 twenty twenty five Earnings Conference Call and Webcast. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It's now my pleasure to turn the call over to Stan Marsh. Please go ahead, Stan. Speaker1 Thank you very much, Kevin. Good morning. We'd like to welcome ...