Lotus Tech Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price
The ADS continue trading, but Lotus Tech must regain compliance by April 26, 2027, or potentially qualify for additional time.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Lotus Technology (Nasdaq: LOT) received a Nasdaq deficiency notice on October 28, 2026, for failing the minimum bid price requirement. Its listed securities did not meet the $1.00 minimum from September 16 through October 27, 2026.
The company has 180 calendar days, until April 26, 2027, to regain compliance. Its American Depositary Shares (ADS) must close at or above $1.00 for at least ten consecutive business days, unless Nasdaq extends that period. An additional compliance period may be available if it misses the deadline. The notice has no immediate effect on listing, and the ADS continue trading on the Nasdaq Global Select Market. Lotus Tech is evaluating options to regain compliance.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Minor pointNo immediate listing effect from the notice; ADS continue trading on the Nasdaq Global Select Market.
Negative
- Major point$1.00 minimum bid price deficiency followed noncompliance from September 16 through October 27, 2026.
- Minor point. Forward-looking: it has not happened yet and may not happen.April 26, 2027 compliance deadline requires at least ten consecutive business days at $1.00 per ADS; Nasdaq may extend that period.
Details
Market Reaction – LOT
On Nov 2, the day this news came out, the latest delayed price for LOT is 1.43% above the previous close. Argus tracked a peak move of +7.1% during the session. Our momentum scanner has recorded 7 alerts for this stock so far that day. The latest delayed price is $0.41.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
- Minimum closing bid price
- $1.00 per ADS
- Threshold to regain Nasdaq minimum-bid compliance
- Compliance period
- 180 calendar days
- Period to regain compliance; deadline April 26, 2027
- Required consecutive trading period
- 10 business days
- Closing bid must meet or exceed $1.00 per ADS, unless Nasdaq extends the period
Key Terms
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Nov. 02, 2026 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (Nasdaq: LOT) (“Lotus Tech” or the “Company”), a leading global intelligent and luxury mobility provider, today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on October 28, 2026, indicating that the Company is not in compliance with the
The Notice states that under Listing Rule 5810(c)(3)(A), the Company is provided with a period of 180 calendar days, or until April 26, 2027, to regain compliance with the Listing Rules. To regain compliance with the Listing Rules, the closing bid price of the Company’s American Depositary Shares (“ADS”) must meet or exceed
The Notice is only a notification of deficiency and has no immediate effect on the listing of the Company’s ADS. The Company’s ADSs will continue to trade on the Nasdaq Global Select Market at this time. The Company’s receipt of the Notice does not impact the Company’s business, operations or reporting requirements with the U.S. Securities and Exchange Commission.
The Company is currently evaluating available options to regain compliance with Nasdaq’s continued listing requirements.
About Lotus Technology Inc.
Lotus Technology Inc. has operations across the UK, the EU, the US and China. The Company is dedicated to delivering high-performance sports cars and luxury lifestyle electric vehicles under Lotus Brand, a global performance brand built on solid foundations and a rich heritage, with a focus on world-class R&D in next-generation automobility technologies and designs to meet its uncompromising vision of how a car should look, perform and feel. For more information about Lotus Technology Inc., please visit www.group-lotus.com.
Forward-Looking Statements
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Tech undertakes no obligation to update any forward-looking statement, except as required under applicable law.
Contact Information
For investor inquiries
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Why did Lotus Technology (LOT) receive a Nasdaq deficiency notice?
Lotus Technology received the notice because its listed securities did not meet Nasdaq’s $1.00 minimum bid price requirement from September 16 through October 27, 2026. The company received the written notice on October 28, 2026.
How can Lotus Technology (LOT) regain Nasdaq bid price compliance?
Lotus Technology’s ADS must close at or above $1.00 per ADS for at least ten consecutive business days within the 180-calendar-day compliance period ending April 26, 2027, unless Nasdaq extends the ten-day period. If compliance is not restored by the deadline, the company may be eligible for an additional period.
Does Lotus Technology’s Nasdaq notice affect its business or SEC reporting requirements?
Receipt of the notice does not affect Lotus Technology’s business, operations or reporting requirements with the U.S. Securities and Exchange Commission.