IPO - LOBO EV TECHNOLOGIES LTD

Form Type: CORRESP

Filing Date: 2025-01-23

Corporate Action: Ipo

Type: New

Accession Number: 000149315225003337

Filing Summary: LOBO EV TECHNOLOGIES LTD. submitted a request to the U.S. Securities and Exchange Commission (SEC) for the acceleration of effectiveness of its Registration Statement on Form F-1 (File No. 333-284161). The company seeks the Registration Statement to become effective as of 5:00 p.m. on January 24, 2025, or as soon thereafter as practicable. The document acknowledges the SEC's authority to take action regarding the Registration Statement and specifies that the declaration of effectiveness does not relieve the company of responsibility for the adequacy and accuracy of the disclosure. Moreover, the company commits to notifying the SEC of any changes to this acceleration request. The letter is signed by Huajian Xu, the Chief Executive Officer of LOBO EV TECHNOLOGIES LTD.

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Form Type: F-1/A

Filing Date: 2025-01-21

Corporate Action: Ipo

Type: New

Accession Number: 000149315225002855

Filing Summary: LOBO EV Technologies Ltd. is an innovative manufacturer and seller of electric vehicles, offering products such as e-bicycles, e-mopeds, e-tricycles, and off-highway electric shuttles. The company is based in Wuxi, China, and operates primarily through its subsidiaries. Recently, LOBO EV amended its articles of association and completed an IPO, closing on March 25, 2024, with a total of 1,380,000 ordinary shares being issued. The company aims to leverage its technologies in robotics and artificial intelligence to redefine user experiences in electric mobility. The shareholder structure of LOBO EV has been altered via a recent issuance of 700,000 shares and this registration is to facilitate the sale of up to 2,485,000 ordinary shares held by current shareholders. The company stresses the risks associated with its Chinese operations including significant regulatory supervision and the potential impact of regulatory changes on its ability to operate and secure funding. Investors are encouraged to carefully consider the associated risks before investing in LOBO EV shares, particularly in light of the ongoing geopolitical relations between the U.S. and China.

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Form Type: F-1

Filing Date: 2025-01-07

Corporate Action: Ipo

Type: New

Accession Number: 000149315225001215

Filing Summary: LOBO EV Technologies Ltd. filed a preliminary registration statement under the Securities Act of 1933 to offer and sell up to 2,485,000 ordinary shares. This is related to a prior issuance of 850,000 ordinary shares made on December 10, 2024, as part of a securities purchase agreement with Streeterville Capital, LLC. The shares being offered will be sold by the shareholders and not by the company, indicating that it will not receive any proceeds from the sale. The shares are planned for listing on the Nasdaq Capital Market under the symbol “LOBO”. The document outlines that LOBO is a holding company incorporated in the British Virgin Islands, operating primarily through its subsidiaries in China. The company focuses on manufacturing and selling electric vehicles including e-bicycles, e-mopeds, e-tricycles, and electric shuttles. The company aims to provide innovative, affordable, and high-quality electric vehicle products as it positions itself in a competitive market that is showing signs of both saturation and growth in global demand. For this offering, the last reported sale price of the ordinary shares was $1.90 as of January 3, 2025. The company also identifies as an emerging growth company, which allows it to benefit from reduced reporting requirements under U.S. federal securities laws.

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Form Type: DRS

Filing Date: 2024-07-05

Corporate Action: Ipo

Type: New

Accession Number: 000149315224026308

Filing Summary: LOBO EV Technologies Ltd. has filed a draft registration statement under the Securities Act of 1933 for an initial public offering (IPO) of ordinary shares. This offering is being conducted to raise funds to support their business operations in electric vehicle manufacturing, specifically focusing on e-bicycles, e-mopeds, e-tricycles, and shuttles. The company emphasizes its innovative technologies in design and AI to enhance user experience. The filing indicates that the company is structured as a holding entity incorporated in the British Virgin Islands, with operations primarily through its subsidiaries in China, subject to unique regulatory and operational risks. The offering has an estimated price range, and they have engaged Kingswood Capital as the exclusive placement agent. Potential risks related to operations in China, regulatory compliance, and corporate governance structures are highlighted, especially due to the recent regulatory environment affecting overseas listings.

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