Core Viewpoint - Lotus Technology Inc. has entered into a securities purchase agreement with ATW Partners to issue convertible notes totaling up to $300 million, indicating strong investor confidence and providing the company with additional financial flexibility for its transformation efforts [1][2]. Group 1: Transaction Details - The company plans to issue Initial Notes worth $10 million on August 19, 2025, with the potential for additional closings of up to $290 million in convertible notes, contingent upon certain conditions [3]. - The Initial Notes will be offered through a registered direct offering under a registration statement that became effective on June 13, 2025, with a final prospectus supplement to be filed with the SEC [3]. Group 2: Financial Support - In addition to the securities purchase agreement, the company has entered into a Master Credit Facility Framework Agreement with Zhejiang Geely Holding Group, which includes a non-revolving credit facility of up to RMB 1.6 billion [2]. Group 3: Company Overview - Lotus Technology Inc. operates in the UK, EU, and China, focusing on luxury battery electric vehicles and next-generation automobility technologies, including electrification and digitalization [5].

Core Points - Lotus Technology Inc. will report its unaudited financial results for the first half of 2025 on August 29, 2025, before market opening in the United States [1] - The management will host an earnings conference call at 8:00 AM U.S. Eastern Time on the same day, with a live audio webcast available [2] - Lotus Technology Inc. operates across the UK, EU, and China, focusing on luxury lifestyle battery electric vehicles and next-generation automobility technologies [3]

Core Viewpoint - Lotus Technology Inc. is set to acquire 100% of Lotus Advance Technologies Sdn Bhd ("Lotus UK") after Etika Automotive Sdn Bhd exercised its put option, following a similar action by Geely International (Hong Kong) Limited, enabling full control and consolidation of Lotus UK's operations [1][2][4]. Group 1 - Etika exercised its put option on June 30, 2025, requiring Lotus Technology to purchase 49% of Lotus UK [1]. - The acquisition will be completed through non-cash transactions based on pre-agreed prices, allowing the company to consolidate Lotus UK's financial results [2][3]. - Lotus UK is responsible for manufacturing Lotus' sportscars and hyper cars, as well as providing consultancy services to OEMs and Tier 1 suppliers globally [3]. Group 2 - The put option agreements with Geely HK and Etika were established in conjunction with a business combination involving L Catterton Asia Acquisition Corp, with conditions based on vehicle sales exceeding 5,000 in 2024 [4]. - As of December 31, 2024, the conditions for exercising the put options were satisfied, allowing the transactions to proceed [4]. - The company will issue new shares valued at $10 per share in exchange for the transfer of Lotus UK shares, with Lotus UK valued at 1.15 times revenue plus cash minus debt [5]. Group 3 - Lotus Technology Inc. operates across the UK, EU, and China, focusing on luxury battery electric vehicles and next-generation automobility technologies [6].

Core Viewpoint - Lotus Technology Inc. is set to report its unaudited financial results for the first quarter of 2025 on June 25, 2025, before the market opens in the United States [1]. Financial Reporting - The earnings conference call will take place at 8:00 AM U.S. Eastern Time on June 25, 2025, with a live audio webcast available [2]. - Participants can register for the live webcast and will receive confirmation emails with access information upon registration [2][3]. Company Overview - Lotus Technology Inc. operates in the UK, EU, and China, focusing on luxury lifestyle battery electric vehicles and next-generation automobility technologies such as electrification and digitalization [3].

Core Points - Lotus Technology Inc. has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission [1] - The annual report is available on the Company's investor relations website and shareholders can request a hard copy of the audited consolidated financial statements free of charge [2] - Lotus Technology Inc. operates in the UK, EU, and China, focusing on luxury lifestyle battery electric vehicles and next-generation automobility technologies [3]