LOBO Technologies (NASDAQ: LOBO) closes $2M best-efforts unit deal

Rhea-AI Filing Summary

LOBO TECHNOLOGIES LTD. completed a best-efforts public offering of 3,921,567 units at $0.51 per unit, raising gross proceeds of $2 million and net proceeds of $1.85 million after placement fees and expenses.

Each unit includes one Class A ordinary share, one Series A warrant and one Series B warrant, or, in lieu of a share, a pre-funded warrant. The Series A and Series B warrants are immediately exercisable at $0.561 per share and expire two years after issuance. A zero exercise price option on the Series B warrants can deliver up to 19,607,835 Class A ordinary shares, subject to 4.99%–9.99% beneficial ownership limits. The company plans to use the net proceeds to fund development programs, working capital and other general corporate purposes.

Key Figures

Gross proceeds: $2 million Net proceeds: $1.85 million Units offered: 3,921,567 units +5 more

8 metrics

Gross proceeds $2 million Aggregate gross proceeds from best-efforts public offering

Net proceeds $1.85 million After placement agent commissions and offering expenses

Units offered 3,921,567 units Each unit has one share, one Series A warrant, one Series B warrant

Unit price $0.51 per unit Public offering price per unit

Pre-funded unit price $0.509 per pre-funded unit Equals unit price minus $0.001 pre-funded warrant exercise price

Warrant exercise price $0.561 per share Exercise price for both Series A and Series B warrants

Zero-price exercise cap 19,607,835 shares Maximum shares issuable via Series B zero exercise price option

Beneficial ownership limits 4.99%–9.99% Ownership caps applicable to warrant and pre-funded warrant exercises

Key Terms

best efforts public offering, Pre-Funded Warrant, Series A Warrant, Series B Warrant, +2 more

6 terms

best efforts public offering financial

"priced a best efforts public offering for the sale of Units"

A best efforts public offering is a way a company sells new shares or bonds where the broker or bank agrees to try to sell as many securities as possible but does not promise to buy any unsold portion. Think of it like a salesperson taking items on consignment: they will work to sell them, but the seller bears the risk if some remain unsold. For investors, this matters because it can signal weaker demand and greater uncertainty about how many securities will actually be placed and how the price may move.

Pre-Funded Warrant financial

"each Pre-Funded Unit, consisting of one pre-funded warrant (“Pre-Funded Warrant”)"

A pre-funded warrant is a financial instrument that gives the holder the right to buy shares of a company's stock at a set price, with most of the purchase cost already paid upfront. It functions like a nearly fully paid option, allowing investors to secure shares quickly while minimizing the amount of additional money they need to invest later. This helps investors gain ownership rights efficiently, often used to avoid certain regulatory restrictions or to prepare for future stock purchases.

Series A Warrant financial

"one series A warrant to purchase one Class A Ordinary Share (each a “Series A Warrant”)"

A Series A warrant is a contract issued alongside a company’s early funding round that gives the holder the right to buy a set number of shares later at a fixed price. Think of it like a coupon that lets an investor purchase stock at today’s agreed price even if the company’s value rises; it can boost potential upside for the warrant holder and create dilution for existing shareholders, so investors watch them when assessing ownership and future share value.

Series B Warrant financial

"one series B warrant to purchase one Class A Ordinary Share (each a “Series B Warrant”)"

A Series B warrant is a tradable right issued alongside a Series B funding round that lets its holder buy a specified number of company shares at a fixed price for a set period. It matters to investors because exercising the warrant increases the total shares outstanding (dilution) and can be a cheap way to gain ownership if the company’s value rises — think of it like a coupon to buy stock later at today’s price.

zero exercise price option financial

"The Series B Warrants may be exercised pursuant to a “zero exercise price option,”"

A zero exercise price option is a stock option that lets the holder convert the option into shares without paying any cash upfront because the strike price is set at zero. For investors, these awards act like immediate share grants: they increase the company’s outstanding shares (dilution), are treated as employee compensation for accounting and tax purposes, and signal how management is being paid, which can affect future earnings and shareholder value.

beneficial ownership financial

"would beneficially own in excess of 4.99% of the number of Class A Ordinary Shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number: 001-41981

LOBO TECHNOLOGIES LTD.

(Exact name of registrant as specified in its charter)

Gemini Mansion B 901, i Park, No. 18-17 Zhenze Rd

Xinwu District, Wuxi, Jiangsu

People’s Republic of China, 214111

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Pricing and Closing of $2 Million Best Efforts Offering

On March 23, 2026, LOBO TECHNOLOGIES LTD., a British Virgin Island company (the “Company”), priced a best efforts public offering for the sale of Units, as defined below, for aggregate gross proceeds to the Company of $2 million, before deducting placement agent fees and other estimated expenses payable by the Company, excluding the exercise of any warrant offered. The offering was comprised of 3,921,567 units (each a “Unit”), each consisting of one Class A ordinary share, par value $0.001 per share, of the Company (the “Class A Ordinary Shares”), one series A warrant to purchase one Class A Ordinary Share (each a “Series A Warrant”) and one series B warrant to purchase one Class A Ordinary Share (each a “Series B Warrant”), or in lieu thereof, 3,921,567 pre-funded units (each a “Pre-Funded Unit”), consisting of one pre-funded warrant (“Pre-Funded Warrant”) to purchase one Class A Ordinary Share, one Series A Warrant, and one Series B Warrant. The public offering price of the Units was $0.51 per Unit. The public offering price of the Pre-Funded Units was $0.509, representing the public offering price per Unit, minus $0.001, and the exercise price per Pre-Funded Warrant is equal to $0.001 per share. For each Pre-Funded Unit sold in the offering, the number of Units in the offering was decreased on a one-for-one basis.

Each of the Series A Warrants and Series B Warrants is exercisable to purchase one Class A Ordinary Share at an exercise price of $0.561 per share, subject to adjustment as set forth therein, which represents 110% of the public offering price per Unit. The Series A Warrants and Series B Warrants are exercisable immediately upon issuance and will expire on the second anniversary of the date of issuance. If, at the time of exercise, there is no effective registration statement or prospectus available for the issuance or resale of the Class A Ordinary Shares underlying the Series A Warrants, the Series A Warrants may be exercised on a cashless basis in accordance with their terms.

The Series B Warrants may be exercised pursuant to a “zero exercise price option,” whether or not there is an effective registration statement or prospectus available for the issuance or resale of the Class A Ordinary Shares underlying the Series B Warrants. In such event, the number of Class A Ordinary Shares issuable upon exercise of the Series B Warrants shall be determined in accordance with the formula set forth therein; provided, however, that in no event shall the aggregate number of Class A Ordinary Shares issuable upon exercise of the Series B Warrants pursuant to such option exceed 19,607,835 shares, which represents five times the number of shares issuable upon a cash exercise of the Series B Warrants.

A holder of the Series A Warrants or Series B Warrants may not exercise any portion of such warrants to the extent that, after giving effect to such exercise, such holder (together with its affiliates) would beneficially own in excess of 4.99% of the number of Class A Ordinary Shares outstanding immediately after giving effect to such exercise; provided, however, that upon at least 61 days’ prior written notice to the Company, a holder may increase such limitation to up to 9.99%.

The foregoing descriptions of the Series A Warrants and Series B Warrants are qualified in their entirety by reference to the forms of such warrants, copies of which are filed as exhibits to this Report and are incorporated herein by reference.

Each Pre-Funded Warrant will be exercisable for one Class A Ordinary Share. The purchase price of each Pre-Funded Unit will be equal to the price per share minus $0.001, and the remaining exercise price of each Pre-Funded Warrant will equal $0.001 per share. The Pre-Funded Units will be immediately exercisable (subject to the beneficial ownership limitation) and may be exercised at any time until all of the Pre-Funded Warrants are exercised in full. For each Pre-Funded Unit we sell (without regard to any limitation on exercise set forth therein), the number of Class A Ordinary Shares we are offering will be decreased on a one-for-one basis. Subject to limited exceptions, a holder of Pre-Funded Warrants will not have the right to exercise any portion of its Pre-Funded Warrants if the holder, together with its affiliates, would beneficially own in excess of 4.99% (or, at the election of the holder, such limit may be increased to up to 9.99% upon 61 days prior written notice to the Company) of the number of Class A Ordinary Shares outstanding immediately after giving effect to such exercise.

The securities in the offering are being offered pursuant to a securities purchase agreement, dated March 23, 2026, by and between the Company and the purchasers named therein (the “Securities Purchase Agreement”) and the Company’s registration statement on Form F-1 (File No. 333-292027), as amended, which was initially filed with the Securities and Exchange Commission (the “SEC”) on December 9, 2025 and declared effective by the SEC on March 23, 2026.

On January 26, 2026, the Company entered into a placement agency agreement (the “Placement Agency Agreement”) with ARC Group Securities LLC (the “Placement Agent”), pursuant to which the Placement Agent acted as sole placement agent for the offering and would receive at the closing of the offering a cash fee equal to 7.0% of the aggregate gross proceeds from investors introduced by the Placement Agent, and 3.0% of the aggregate gross proceeds raised from investors introduced directly by the Company and mutually agreed upon by the Company and the Placement Agent in the offering, and reimbursement for legal fees and other out-of-pocket fees, costs and expenses in the amount of up to $50,000.

On March 23, 2026, the Company issued a press release announcing the pricing of the offering.

The offering was closed on March 30, 2026  . The Company received net proceeds of $1.85 million , after deducting placement agent commissions and offering expenses. The Company intends to use the net proceeds from the offering to fund its development programs, for working capital and other general corporate purposes.

Copies of (i) form of the Pre-Funded Warrants, (ii) form of Series A Warrant, (iii) form of Series B Warrant, (iv) form of Securities Purchase Agreement, (v) the Placement Agency Agreement, and (vi) the press release issued on March 23, 2026, are filed as Exhibits 4.1, 4.2, 4.3, 10.1, 10.2 and 99.1, respectively, to this Form 6-K, and are incorporated by reference herein. The foregoing summaries of the terms of each agreement mentioned above are subject to, and qualified in their entirety by, such documents.

This report does 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.

Exhibit Index

Exhibit No.		Description
4.1		Form of Pre-Funded Warrant
4.2		Form of Series A Warrant
4.3		Form of Series B Warrant
10.1		Form of Securities Purchase Agreement, dated March 23, 2026
10.2		Placement Agency Agreement, dated January 26, 2026
99.1		Press Release, dated March 23, 2026

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: April 1, 2026
	LOBO TECHNOLOGIES LTD.
	By:	/s/ Huajian Xu
	Name:	Huajian Xu
	Title:	Chief Executive Officer

Exhibit 99.1

LOBO Announces Pricing of $2 Million Public Offering

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 $2 million, before deducting placement agent fees and other estimated expenses payable by the Company, excluding the exercise of any warrant offered.

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 $0.001 per share (the “Class A Ordinary Shares”), (ii) one series A warrant to purchase one Class A Ordinary Share (each, a “Series A Warrant”) and (iii) one series B warrant to purchase one Class A Ordinary Share (each, a “Series B Warrant”). The public offering price per Unit is $0.51, or in lieu of Units, 3,921,567 pre-funded units (each a “Pre-Funded Unit”), each consisting of (i) one pre-funded warrant to purchase one Class A Ordinary Share (each, a “Pre-Funded Warrant”), (ii) one Series A Warrant, and (iii) one Series B Warrant. The public offering price per Pre-funded Unit is $0.509, which is equal to the public offering price per Unit to be sold in the offering, minus the $0.001 exercise price per Pre-Funded Warrant. Each of the Series A Warrants and the Series B Warrants will have an exercise price of $0.561 per Class A Ordinary Share and will be immediately exercisable upon issuance and expire on the two year anniversary of the issuance date. The Pre-Funded Warrants will be immediately exercisable and may be exercised at any time until exercised in full. For each Pre-Funded Unit sold in the offering, the number of Units in the offering will be decreased on a one-for-one basis. The Series B Warrants may also be exercised on a zero cash exercise option, pursuant to which the holder may exchange each warrant for five Class A ordinary shares that are issuable on a cash exercise of the Series B Warrants.

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) initially filed by the Company with 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

What capital did LOBO (LOBO) raise in this offering?

LOBO raised $2 million in gross proceeds through a best-efforts public unit offering and received $1.85 million in net proceeds after placement agent commissions and offering expenses, providing fresh funding for development programs and general corporate purposes.

What securities are included in LOBO (LOBO)’s units and pre-funded units?

Each unit includes one Class A ordinary share, one Series A warrant and one Series B warrant. Each pre-funded unit replaces the share with a pre-funded warrant plus the same Series A and Series B warrants, adjusting pricing to reflect a $0.001 pre-funded warrant exercise price.

What are the pricing terms for LOBO (LOBO)’s public offering?

The public offering price is $0.51 per unit and $0.509 per pre-funded unit. Both prices are tied to a structure where each pre-funded warrant has a $0.001 per share exercise price, keeping overall economic terms aligned for investors.

How do LOBO (LOBO)’s Series A and Series B warrants work?

Both Series A and Series B warrants are immediately exercisable at $0.561 per Class A ordinary share and expire two years after issuance. Series B warrants also allow a zero exercise price option, capped at 19,607,835 shares based on their stated formula.

What ownership limits apply to LOBO (LOBO)’s warrants and pre-funded warrants?

Holders generally cannot exercise Series A, Series B, or pre-funded warrants if it would push beneficial ownership above 4.99% of outstanding Class A shares. This cap can be increased up to 9.99% with at least 61 days’ prior written notice to the company.

How is ARC Group Securities involved in LOBO (LOBO)’s financing?

ARC Group Securities LLC acted as sole placement agent. It earns a 7.0% cash fee on gross proceeds from its investors, 3.0% on mutually agreed investors introduced by LOBO, plus reimbursement of up to $50,000 in legal and out-of-pocket expenses.

Filing Exhibits & Attachments

11 documents

Press Releases

• EX-99.1 EX-99.1 13.7 KB

Agreements & Contracts

• EX-10.1 EX-10.1 243.4 KB
• EX-10.2 EX-10.2 5.4 KB

Other Documents

• EX-4.1 EX-4.1 135.8 KB
• EX-4.2 EX-4.2 146.1 KB
• EX-4.3 EX-4.3 148.9 KB
• EX-10 GRAPHIC 458.1 KB
• EX-10 GRAPHIC 551.5 KB
• EX-10 GRAPHIC 558.0 KB
• EX-10 GRAPHIC 586.7 KB
• EX-10 GRAPHIC 141.6 KB