LOBO Technologies received a Nasdaq compliance notification due to its stock price falling below $1.00 for 30 days.
Quiver AI Summary
LOBO Technologies Ltd. announced that it has received a notification from Nasdaq stating that it is non-compliant with the minimum bid price requirement, as the closing bid price of its shares has been under $1.00 for 30 consecutive business days. While this notice does not affect the company’s current listing or trading status, LOBO has 180 days to regain compliance, specifically by achieving a closing bid price of at least $1.00 for 10 consecutive days. If it fails to do so, the company may be eligible for a 180-day extension while adhering to other listing requirements. The company plans to monitor its share price closely and explore options such as a potential reverse stock split to rectify the situation. LOBO specializes in eco-friendly electric mobility products, including various types of electric vehicles and robotic devices.
Potential Positives
- The notice from Nasdaq does not have an immediate effect on the Company’s listing or trading of its ordinary shares, allowing time to address the compliance issue.
- LOBO has a 180-calendar-day compliance period to regain compliance, providing a clear timeline and the opportunity for recovery.
- The Company is taking proactive steps to monitor its stock price and is open to considering various options to regain compliance, demonstrating a commitment to addressing the issue.
Potential Negatives
- Received notification from Nasdaq regarding non-compliance with the minimum bid price requirement, which raises concerns about the company's market performance and potential delisting.
- Closing bid price of ordinary shares was below $1.00 for 30 consecutive business days, indicating a prolonged period of market weakness.
- Must consider a reverse stock split as a potential measure to regain compliance if the share price does not improve, which could further impact investor perception negatively.
FAQ
What is the Nasdaq notification received by LOBO Technologies?
LOBO Technologies received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement due to a closing bid price below $1.00.
How long does LOBO have to regain compliance with Nasdaq?
LOBO has a 180-calendar-day compliance period, until June 15, 2026, to regain compliance with the minimum bid price requirement.
What happens if LOBO does not regain compliance?
If LOBO does not regain compliance by the deadline, it may be eligible for an additional 180-day extension if it meets other listing standards.
Will the notification affect LOBO's stock trading?
The Nasdaq notification has no immediate effect on the trading of LOBO's ordinary shares.
What type of products does LOBO Technologies manufacture?
LOBO Technologies manufactures eco-friendly electric vehicles and home-used robotic products, including e-bicycles and solar-powered vehicles.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LOBO Hedge Fund Activity
We have seen 4 institutional investors add shares of $LOBO stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- XTX TOPCO LTD added 35,941 shares (+inf%) to their portfolio in Q3 2025, for an estimated $24,155
- TWO SIGMA SECURITIES, LLC added 20,288 shares (+inf%) to their portfolio in Q3 2025, for an estimated $13,635
- HRT FINANCIAL LP added 14,202 shares (+inf%) to their portfolio in Q3 2025, for an estimated $9,545
- CITADEL ADVISORS LLC added 13,109 shares (+111.4%) to their portfolio in Q3 2025, for an estimated $8,810
- VIRTU FINANCIAL LLC removed 10,718 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $7,203
- UBS GROUP AG removed 3,755 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $2,523
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
WUXI, China, Dec. 19, 2025 (GLOBE NEWSWIRE) -- LOBO TECHNOLOGIES LTD. (NASDAQ: LOBO) (“LOBO” or the “Company”) today announced that it received a notification letter dated December 16, 2025 from the Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market.
According to the letter, the closing bid price of the Company’s ordinary shares was below $1.00 per share for 30 consecutive business days , from November 3, 2025 to December 15, 2025 .
The notice has no immediate effect on the Company’s listing or the trading of its ordinary shares on Nasdaq. Under Nasdaq Listing Rule 5810(c)(3)(A) , the Company has a 180-calendar-day compliance period , or until June 15, 2026 , to regain compliance. If at any time during this period the closing bid price of the Company’s ordinary shares is at least $1.00 for a minimum of 10 consecutive business days , Nasdaq will provide written confirmation that the Company has regained compliance with the bid price requirement.
If the Company does not regain compliance by the end of the initial compliance period, it may be eligible for an additional 180-calendar-day extension, subject to meeting the continued listing standards for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market (excluding the bid price requirement). In that case, the Company must also provide written notice of its intention to cure the deficiency, including through a potential reverse stock split if necessary.
The Company intends to monitor the closing bid price of its ordinary shares and will consider all available options to regain compliance within the applicable grace periods.
About LOBO Technologies Ltd.
LOBO is an electric mobility products manufacturer. It is a certified high-tech company specializing in manufacturing a wide range of eco-friendly electric vehicles and home-used robotic products. Its products include e-bicycles, electric motorcycles, e-tricycles, electric off-road four-wheeled shuttles such as golf carts and elderly scooters, solar-powered vehicles as well as smart products. By leveraging cutting-edge technology and sustainable practices, LOBO aims to promote eco-friendly transportation options that reduce carbon footprints and enhance energy efficiency.
For more information, please visit: www.loboebike.com
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. These statements are based on current expectations, estimates, and projections about the industry and management’s beliefs and assumptions. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “may,” “will” and similar expressions are intended to identify such forward-looking statements. Actual results may differ materially from those expressed or implied. LOBO Technologies undertakes no obligation to update or revise any forward-looking statements except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.
For more information, contact:
Zane Xu
IR Manager
[email protected]