[6-K] LOBO EV TECHNOLOGIES LTD. Ordinary shares Current Report (Foreign Issuer)
LOBO EV Technologies Ltd. held its annual general meeting on August 7, 2025, where shareholders approved eight proposals described in the company proxy. The board appointed four directors—Huajian Xu, Zhaohui Randall Xu, Yan Lu and Harry D. Schulman—with each to serve until the next annual meeting, and each appointment passed by a clear majority based on disclosed vote totals. Shareholders approved a corporate name change to "LOBO TECHNOLOGIES LTD." subject to registration in the British Virgin Islands. They also approved an Amendment of Authorised Shares creating 10,000,000 Class B shares with 20 votes per share and reclassifying remaining ordinary shares as Class A, and adopted the Third Amended and Restated Memorandum and Articles of Association. The meeting authorized repurchases and issuance converting 3,090,320 and 640,000 Class A shares to Class B for Wealthford Capital Ltd. and Huiyan Xie, respectively. Vote counts for each proposal are reported in the filing.
- All eight proposals were approved by shareholders, with vote totals disclosed in the filing.
- Four directors were appointed (Huajian Xu, Zhaohui Randall Xu, Yan Lu, Harry D. Schulman) to serve until the next annual meeting.
- Corporate name change to "LOBO TECHNOLOGIES LTD." was approved, subject to BVI registration and issuance of a certificate of change.
- Amendment of authorised shares approved to create 10,000,000 Class B ordinary shares with 20 votes per share and reclassify remaining shares as Class A.
- Amended Memorandum & Articles of Association adopted and is filed as Exhibit 3.1.
- Repurchase/issuance exchanges authorized converting 3,090,320 and 640,000 Class A shares to Class B for Wealthford Capital Ltd. and Huiyan Xie, respectively.
- None.
Insights
TL;DR: Shareholders approved a dual-class structure and related governance amendments, materially changing voting rights and shareholder structure.
The meeting approved creation of 10,000,000 Class B ordinary shares carrying 20 votes per share and re-designation of existing shares as Class A, and adopted a new Memorandum and Articles of Association. These actions were approved by shareholder votes reported in the filing and are subject to BVI registration and issuance of a certificate of change of name. The meeting also authorized specific repurchases and the issuance of Class B shares to Wealthford Capital Ltd. (3,090,320 shares) and Huiyan Xie (640,000 shares). From a governance standpoint, these are material, firm-level changes to voting structure and share classes that will affect control dynamics and shareholder rights once implemented.
TL;DR: Routine board slate, name change and governance amendments passed with clear majorities; the share-class amendment is the most consequential item.
The company appointed four directors and secured shareholder approval for a name change, amended authorised shares, an updated M&A, and a targeted repurchase/issuance exchange with two shareholders. Vote totals are included for each proposal, showing strong "For" support across items. The structure change—creation of Class B shares with 20 votes each and specific conversions—represents an impactful corporate action that investors may view differently depending on governance preferences. Procedural approvals are complete pending required registrations and the filed Exhibit 3.1 contains the full Amended M&A text.
FAQ
What did LOBO (LOBO) approve at its August 7, 2025 annual meeting?
How many Class B shares will LOBO create and what voting rights do they carry?
Which directors were appointed at LOBO's meeting?
What repurchase and issuance transactions were authorized?
Is the corporate name change effective immediately?
Where can I find the full text of the adopted Amended Memorandum & Articles?
