LOBO EV Technologies Ltd. and Strattners Exploring Strategic Investment Partnership

Rhea-AI Summary

LOBO EV Technologies (Nasdaq: LOBO) has entered advanced negotiations with Strattners, a historic financial group, for a strategic investment partnership. The potential agreement includes an equity financing facility of up to $10 million over three years, which LOBO can access at its discretion.

The facility does not include VWAP mechanisms or volume-based pricing formulas. Funds will support general corporate purposes, including working capital, capital expenditures, product development, and expansion initiatives. Strattners aims to become a cornerstone investor, supporting LOBO's long-term growth and global expansion vision.

Positive

• Access to up to $10 million in flexible capital over three years
• Strategic partnership with globally recognized financial group
• No VWAP or volume-based pricing restrictions on equity facility
• Discretionary access to capital without obligation to issue shares

Negative

• Potential shareholder dilution from future share issuances
• Exact terms and pricing of share issuances not disclosed

News Market Reaction – LOBO

+0.85%

4 alerts

+0.85% News Effect

+3.9% Peak Tracked

+$49K Valuation Impact

$6M Market Cap

0.3x Rel. Volume

On the day this news was published, LOBO gained 0.85%, reflecting a mild positive market reaction. Argus tracked a peak move of +3.9% during that session. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $49K to the company's valuation, bringing the market cap to $6M at that time.

Data tracked by StockTitan Argus on the day of publication.

WUXI, China, July 28, 2025 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”) today announced that it is currently in advanced negotiations with Strattners, a globally recognized financial group with historical roots tracing back to 17th-century Austria, regarding a potential equity financing facility.

Strattners, known for its long-standing heritage and innovative approach to modern investment and merchant banking, has expressed interest in supporting LOBO as a long-term strategic partner. It is optimistic about the company's long-term development potential and intends to become a cornerstone investor of the company.The company recognizes and agrees with its investment perspective. Strattners agrees to provide the Company with the option to access up to $10 million in capital over a three-year period.

Under the terms of the agreement, the Company may, at its discretion, issue and sell ordinary shares to Strattners from time to time, subject to certain conditions and limitations. The equity facility doesn’t contain a volume-weighted average price (VWAP) mechanism or any volume-based pricing formula.

The Company intends to use the proceeds from any issuance under the equity facility to support general corporate purposes, which may include working capital, capital expenditures, product development, and expansion initiatives.

There is no obligation on the Company to issue shares under the facility, and any such issuance will be made at the Company’s discretion based on its capital requirements and market conditions.Strattners intends to align with the Company’s financing needs, serving as a cornerstone partner to support its long-term growth and global expansion vision.

About LOBO EV Technologies Ltd.

LOBO EV Technologies Ltd. (Nasdaq: LOBO) is an innovative designer, developer, manufacturer, and seller of e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles. The Company also specializes in AI-powered multimedia interactive systems and is expanding into medical technology manufacturing. By leveraging cutting-edge AI, connectivity, and automation, LOBO aims to provide intelligent, efficient, and secure mobility and healthcare solutions.

For more information, visit: https://www.loboebike.com and https://www.loboai.com.

Safe Harbor Statement

This press release contains forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s current expectations and assumptions and are subject to risks and uncertainties. Actual results may differ due to regulatory approvals, market conditions, and other factors detailed in the Company’s filings with the U.S. Securities and Exchange Commission (SEC). LOBO undertakes no obligation to update these forward-looking statements unless required by law.

For Investor and Media Inquiries, Please Contact:

Zane Xu
IR Manager
ir@loboai.com

FAQ

What is the size of LOBO's potential equity financing facility with Strattners?

The equity financing facility provides LOBO with access to up to $10 million in capital over a three-year period.

How will LOBO use the funds from the Strattners equity facility?

LOBO plans to use the proceeds for general corporate purposes, including working capital, capital expenditures, product development, and expansion initiatives.

Is LOBO required to issue shares under the Strattners agreement?

No, LOBO has no obligation to issue shares under the facility. Any issuance will be at the company's discretion based on capital requirements and market conditions.

What are the pricing terms for LOBO's equity facility with Strattners?

The equity facility does not contain any volume-weighted average price (VWAP) mechanism or volume-based pricing formula. Specific pricing terms were not disclosed.

Who is Strattners in relation to LOBO EV Technologies?

Strattners is a globally recognized financial group with historical roots dating back to 17th-century Austria that aims to become a cornerstone investor and long-term strategic partner for LOBO.