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Lotus Tech (Nasdaq: LOT) to buy Lotus UK and adjust 2026 earnings schedule

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Lotus Technology Inc. outlined progress on its planned acquisition of Lotus UK and a change to its 2026 reporting schedule. The company is advancing a strategic transaction expected to close in 2026, aiming to operate under a unified One Lotus strategy, strengthen its high-performance luxury brand, and improve operational efficiency.

To prioritize resources for this acquisition and integration work, Lotus Tech will temporarily suspend earnings releases for the first and third quarters of fiscal 2026, while continuing to publish first-half and full-year 2026 results. Management states that this adjustment does not affect underlying operations or financial fundamentals and reaffirms its commitment to transparency and compliance with U.S. securities laws and Nasdaq requirements.

Positive

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Insights

Lotus Tech reprioritizes 2026 reporting to support a strategic UK acquisition.

Lotus Technology Inc. is pushing ahead with acquiring Lotus UK, describing it as a common-control transaction that will support its One Lotus strategy. The goal is a unified global luxury brand, with synergies across R&D, supply chain, administration, and other functions.

To free internal resources for regulatory work, SOX compliance, systems alignment, and integration planning, the company will suspend earnings releases for Q1 and Q3 2026, while keeping first-half and full-year reporting. The company explicitly says this schedule change does not alter its underlying business operations or financial fundamentals.

The filing notes continued operational momentum, including entry into Canada and ongoing Focus 2030 initiatives. Overall, this is a strategic and operational update rather than a quantified financial event, so its impact depends on future disclosures about the acquisition’s terms and post-closing performance.

acquisition under common control financial
"Because the transaction is expected to constitute an acquisition under common control, Lotus Tech is working closely with Lotus UK..."
SOX compliance regulatory
"Lotus Tech is working closely with Lotus UK to conduct comprehensive preparations across regulatory filings, SOX compliance, operational system alignment and financial reporting..."
Sox compliance refers to following rules and standards set to ensure a company's financial information is accurate and trustworthy. It is similar to having strict safety checks to prevent errors or fraud, giving investors confidence that the company's reported financial health is reliable. Meeting these standards helps protect investors and maintain transparency in financial reporting.
Nasdaq listing requirements regulatory
"Lotus Tech reaffirms its unwavering commitment to maintaining a high level of transparency... and will continue to comply with all applicable U.S. securities laws and Nasdaq listing requirements."
NASDAQ listing requirements are the financial, governance and disclosure rules a company must meet to have its shares traded on the NASDAQ stock exchange. Think of them as the standards a business must pass to join an exclusive marketplace — they affect whether a stock can be bought easily, how much public information the company must provide, and how investors judge its credibility and risk. Meeting these rules can boost liquidity and investor confidence.
Forward-Looking Statements regulatory
"This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions..."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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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 June 2026

 

Commission File Number: 001-41970

 

 

 

Lotus Technology Inc.

(Translation of registrant’s name into English)

 

 

 

No. 800 Century Avenue

Pudong District, Shanghai, People’s Republic of China

(Address of principal executive office)

 

 

 

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 x      Form 40-F ¨

 

 

 

 

 

EXPLANATORY NOTE

 

This current report on Form 6-K, including the exhibit hereto, is incorporated by reference into the pre-effective amendment No. 1 to the registration statement on Form F-3 (File No. 333-285533), post-effective amendment No. 3 to the registration statement on Form F-1 on Form F-3 (File No. 333-279108) and the post-effective amendment No. 2 to the registration statement on Form F-1 on Form F-3 (File No. 333-282217) and shall be a part of such registration statements from the date on which this current report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release – Lotus Tech Announces Operational and Earnings Reporting Updates

 

 

 

 

SIGNATURES

 

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.

  

  Lotus Technology Inc.
   
  By  :

/s/ Daxue Wang

  Name : Daxue Wang
  Title : Chief Financial Officer

 

Date: June 12, 2026

 

 

 

 

Exhibit 99.1

 

LOTUS TECH

 

group-lotus.com

 

Lotus Tech Announces Operational and Earnings Reporting Updates

 

 ·Lotus Tech is advancing the strategic acquisition of Lotus UK targeted to close in 2026, to unify brand positioning and improve operational efficiency.
·Comprehensive pre-acquisition and integration planning is in progress to unlock full synergies and support the execution of the Company’s Focus 2030 long-term strategy.
·The Company temporarily suspends the release of financial results for the first and third quarters in 2026 to prioritize acquisition- related compliance work.

 

New York – June 12, 2026 – Lotus Technology Inc. (Nasdaq: LOT) (“Lotus Tech” or the “Company”), a leading global intelligent and luxury mobility provider, today provided an update on recent developments and announced the temporary suspension of the publication of earnings releases for the first quarter and third quarter of fiscal year 2026.

 

Recent Developments

 

lEnhanced Global Presence: On April 3, 2026, Lotus showcased the latest Emira models at the New York International Auto Show, bringing Lotus’ performance legacy to one of North America’s most prominent automotive stages. On April 24, 2026, Lotus unveiled its brand-new Hyper Hybrid SUV Eletre X Black & Gold Limited Edition at Auto China 2026 in Beijing. The dual showcase across key global events underscores Lotus’ strong premium brand influence and broad market recognition worldwide.
lEletre Launch in Canada: On April 24, 2026, Eletre officially entered the Canadian market via export, bringing Lotus into the high-performance luxury SUV segment in North America. This milestone reflects the Company’s continued expansion into new segments and markets.
lFocus 2030: On May 11, 2026, Lotus announced Focus 2030, an evolved business strategy designed to underpin its competitiveness and transformation into a more flexible and sustainable business model ensuring market resilience amid external headwinds.
lEmira 420 Sport: On May 26, 2026, Lotus introduced the Emira 420 Sport - the most powerful, lightest and most aerodynamically capable Emira to date. It reinforces Lotus’ commitment to preserving its DNA by delivering greater agility, response and driver engagement.

 

Updates on Strategic Acquisition of Lotus UK & Suspension of the First and Third Financial Report in 2026

 

Lotus Tech is preparing for and steadily advancing the strategic acquisition of Lotus UK, which is expected to be closed in 2026. The acquisition will enable Lotus Tech and Lotus UK to operate under the One Lotus strategy, maintain a consistent global identity as a high-performance luxury brand, strengthen worldwide recognition, and maximize the heritage of the brand.

 

Because the transaction is expected to constitute an acquisition under common control, Lotus Tech is working closely with Lotus UK to conduct comprehensive preparations across regulatory filings, SOX compliance, operational system alignment and financial reporting, aiming to ensure a seamless post-acquisition transition. Meanwhile, the Company continues to refine the integration plan to fully capture synergies across R&D, supply chain, administration, etc., driving cost optimization and operational efficiency. These efforts are aligned with the Lotus Focus 2030 strategy, which underpins a transformation toward greater flexibility and sustainability, and strengthens overall competitiveness and market resilience against external headwinds.

 

In order to prioritize resources for the strategic acquisition of Lotus UK, Lotus Tech is temporarily suspending the release of financial results for the first and third quarters of 2026. Lotus Tech will continue to report its financial results for the first half and full fiscal year of 2026.

 

1

 

 

LOTUS TECH

 

group-lotus.com

 

Dr. Daxue Wang, Chief Finance Officer of Lotus Tech, said, "Pending the closing of the transaction we are suspending earnings release for Q1 and Q3 of 2026. We are seeing great momentum in the luxury EV strategy and continue to be laser focused on delivering on our growth strategy. The temporary adjustment to our 2026 reporting schedule enables our teams to prioritize the successful execution of the Lotus UK acquisition and integration process. We believe this is an important step in strengthening our global platform and supporting sustainable long-term growth.”

 

Lotus Tech reaffirms its unwavering commitment to maintaining a high level of transparency for investors and stakeholders and will continue to comply with all applicable U.S. securities laws and Nasdaq listing requirements. This adjustment does not impact the Company’s underlying business operations or financial fundamentals. At the same time, Lotus Tech continues to see encouraging operational momentum across key markets – the recent entry into Canada marks an important step in expanding its North American footprint, reflecting growing demand for premium electric vehicles and a progressively supportive trade and regulatory environment. Building on its global product pipeline and strategic initiatives under Focus 2030, the Company remains confident in its ability to deliver sustained growth and strengthen its financial performance over the long term.

 

About Lotus Technology Inc.

 

Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalization and more. 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 Technology Inc. undertakes no obligation to update any forward-looking statement, except as required under applicable law.

 

Contact Information

For investor inquiries

ir@group-lotus.com

 

2

 

FAQ

What strategic acquisition did Lotus Tech (LOT) highlight in this update?

Lotus Tech is advancing a strategic acquisition of Lotus UK, expected to close in 2026. The company aims to operate under a unified One Lotus strategy, strengthen its global high-performance luxury brand identity, and capture synergies across R&D, supply chain, administration, and other operational areas.

How is Lotus Tech (LOT) changing its 2026 financial reporting schedule?

Lotus Tech will temporarily suspend earnings releases for the first and third quarters of fiscal 2026. It will continue publishing financial results for the first half and full fiscal year 2026, reallocating internal resources to support regulatory and integration work for the planned Lotus UK acquisition.

Does Lotus Tech (LOT) say the 2026 reporting change affects its business fundamentals?

Lotus Tech states that the adjustment to its 2026 reporting schedule does not impact its underlying business operations or financial fundamentals. The company emphasizes a continued commitment to transparency, compliance with U.S. securities laws, and adherence to Nasdaq listing requirements while it advances the Lotus UK transaction.

What strategic goals guide Lotus Tech’s (LOT) acquisition and integration planning?

Lotus Tech links the Lotus UK acquisition and integration planning to its Focus 2030 long-term strategy. It aims to enhance flexibility, sustainability, and competitiveness, unifying brand positioning, improving operational efficiency, and fully capturing synergies to support sustained growth and stronger financial performance over the long term.

What operational momentum does Lotus Tech (LOT) report alongside the acquisition plans?

Alongside its acquisition plans, Lotus Tech reports encouraging operational momentum, highlighting recent entry into Canada. The company views this expansion as an important step in growing its North American footprint, reflecting rising demand for premium electric vehicles and a progressively supportive trade and regulatory environment.

Filing Exhibits & Attachments

1 document