LOBO Announces Pricing of $2 Million Public Offering
Rhea-AI Summary
LOBO (NASDAQ: LOBO) priced a best-efforts public offering expected to raise approximately $2.0 million before fees. The offering comprises 3,921,567 Units or the same number of Pre-Funded Units, each Unit including one Class A share and two warrants.
Each Series A and Series B Warrant has a $0.561 exercise price, is immediately exercisable and expires two years after issuance; Pre-Funded Warrants are exercisable at any time. The offering is expected to close on or about March 25, 2026.
Positive
- Offering sized approximately $2.0 million
- Offering includes 3,921,567 Units or pre-funded units
- Series warrants are immediately exercisable, providing liquidity options
Negative
- Potential dilution from issuance of 3.92 million units and warrants
- Series B zero-cash exercise exchanges each warrant for five shares, increasing dilution risk
News Market Reaction – LOBO
On the day this news was published, LOBO declined 21.16%, reflecting a significant negative market reaction. Argus tracked a trough of -36.0% from its starting point during tracking. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $6.53M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
LOBO’s modest 0.76% gain contrasts with mixed EV peers: ECDA +5.66%, AYRO +7.35%, FLYE +13.69% versus EVTV -4.55% and CJET -3.58%, pointing to company-specific dynamics around the offering.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 27 | Trade show showcase | Positive | +2.0% | Showcased new EV models and triple-power system at major PGA event. |
| Dec 19 | Listing compliance notice | Negative | +0.6% | Nasdaq notification on failure to meet $1.00 minimum bid requirement. |
| Dec 12 | Solar division expansion | Positive | +13.8% | Integrated experienced solar team to enter PV energy‑storage power sector. |
| Oct 29 | PV storage order win | Positive | +5.7% | Secured ~US$1.194M photovoltaic power storage order for Kenya project. |
| Oct 27 | 2025 outlook update | Positive | -0.9% | Issued 2025 guidance with 30–40% revenue growth and return to profitability. |
Positive operational and growth updates have often aligned with price gains, but there are notable divergences around regulatory/listing and outlook announcements.
Over the last six months, LOBO has highlighted growth initiatives and capital markets activity. A $28–30M 2025 revenue outlook and expected return to profitability on Oct 27, 2025 saw a small decline, while PV orders of US$1.194M on Oct 29, 2025 and Solar Division expansion on Dec 12, 2025 produced stronger gains. The recent PGA Show presence and prior Nasdaq bid-price communications frame today’s public offering as another step in funding expansion.
Market Pulse Summary
The stock dropped -21.2% in the session following this news. A negative reaction despite the funding announcement would fit a pattern where capital-raising or regulatory developments sometimes diverged from fundamentals-focused news. Prior guidance pointing to 30–40% revenue growth and a PV order of about US$1.194M did not always translate into sustained strength. Additional units and warrants increase the share overhang, which can exacerbate selling pressure once the deal terms are digested.
Key Terms
pre-funded warrant financial
series A warrant financial
series B warrant financial
pre-funded unit financial
registration statement on Form F-1 regulatory
preliminary prospectus regulatory
final prospectus regulatory
placement agent financial
AI-generated analysis. Not financial advice.
WUXI, China, March 23, 2026 (GLOBE NEWSWIRE) -- LOBO TECHNOLOGIES LTD. (NASDAQ: LOBO) (“LOBO” or the “Company”), an innovative electric vehicles manufacturer and seller, today announced that it has priced a best-efforts public offering with gross proceeds to the Company expected to be approximately
The offering is comprised of 3,921,567 units (each, a “Unit”), each consisting of (i) one Class A ordinary share of the Company, par value
The offering is expected to close on or about March 25, 2026, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering to fund its development programs, for working capital and other general corporate purposes.
ARC Group Securities LLC is acting as the sole placement agent for the offering. Sichenzia Ross Ference Carmel LLP is acting as U.S. counsel to ARC Group Securities LLC in connection with the offering.
The Units and Pre-funded Units and underlying securities are being offered by the Company pursuant to a registration statement on Form F-1 (File No. 333-292027) initally filed by the Company with the the Securities and Exchange Commission (the “SEC”) on December 9, 2025, and declared effective by SEC on March 23, 2026. The offering is being made only by means of a written preliminary prospectus and final prospectus that will form a part of the registration statement. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus relating to this offering may be obtained, when available, by contacting Capital Markets at ARC Group Securities LLC at 398 S Mill Ave Suite 306, Tempe, AZ or by telephone at (928) 625-0928 or by email at capitalmarkets@arc-securities.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About LOBO TECHNOLOGIES LTD.
LOBO TECHNOLOGIES LTD. (NASDAQ: LOBO) is an electric mobility products manufacturer. It is a 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 technologies 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 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, please contact:
LOBO TECHNOLOGIES LTD.
Zane Xu
IR Manager
Email: ir@loboai.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
FAQ
How large is LOBO's March 24, 2026 public offering (NASDAQ: LOBO)?
What does each Unit include in LOBO's offering (NASDAQ: LOBO)?
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When is LOBO's offering expected to close and how will proceeds be used (NASDAQ: LOBO)?
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