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Lotus Technology misses Nasdaq’s $1 minimum bid price

Lotus Tech said the notice does not affect its business, operations or SEC reporting requirements.

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(High)

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.

Form Type
6-K

Rhea-AI Filing Summary

Lotus Technology Inc. (LOT) received a Nasdaq notice on October 28, 2026, stating it was not in compliance with the $1.00 minimum bid price requirement based on closing bid prices from September 16 through October 27, 2026. Nasdaq provided 180 calendar days, until April 26, 2027, to regain compliance. The ADS closing bid price must meet or exceed $1.00 per ADS for at least ten consecutive business days, unless Nasdaq extends that period. The notice has no immediate effect on LOT’s listing, and its ADSs continue to trade on the Nasdaq Global Select Market. LOT is evaluating options to regain compliance.

0 points · 0 major

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.

1 major · 1 point

How the balance works

Positive

  • None.

Negative

  • Major pointLOT did not meet Nasdaq’s $1.00 minimum bid-price requirement.

Filing Explained

This 6-K incorporates the Nasdaq notice into three registration statements (File Nos. 333-285533, 333-279108 and 333-282217), making the deficiency disclosure part of those filings from the furnishing date unless later reports supersede it.

Minimum bid price $1.00 per ADS Nasdaq minimum bid price requirement
Compliance period 180 calendar days Period provided to regain compliance, through April 26, 2027
Compliance deadline April 26, 2027 Deadline to regain compliance
Required bid-price period 10 consecutive business days Closing bid price must meet or exceed $1.00 per ADS
Bid-price review period September 16–October 27, 2026 Period used to assess compliance
Notice date October 28, 2026 Date Nasdaq notified the company
minimum bid price requirement regulatory
"not in compliance with the $1.00 minimum bid price requirement"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
American Depositary Shares financial
"closing bid price of the Company’s American Depositary Shares"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
consecutive business days regulatory
"for at least ten consecutive business days"
Listing Rule 5810(c)(3)(A) regulatory
"under Listing Rule 5810(c)(3)(A)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What price must LOT’s ADSs reach to regain Nasdaq compliance?

The closing bid price of LOT’s American Depositary Shares must meet or exceed $1.00 per ADS for at least ten consecutive business days, unless Nasdaq exercises its discretion to extend that period.

What happens if LOT does not regain compliance by April 26, 2027?

If LOT does not regain compliance by April 26, 2027, it may be eligible for an additional period to regain compliance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 November 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 exhibits 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 Receipt of Nasdaq Notification Regarding Minimum Bid Price

 

 

 

 

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: November 2, 2026

 

 

 

 

Exhibit 99.1

 

Lotus Tech Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price

 

NEW YORK – November 2, 2026 – 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 $1.00 minimum bid price requirement under the Nasdaq Listing Rules (the “Listing Rules”). Based on the closing bid price of the Company’s listed securities from September 16, 2026 to October 27, 2026, the Company has not met the minimum bid price requirement set forth in Listing Rule 5450(a)(1) during that period.

 

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 $1.00 per ADS for at least ten consecutive business days, unless Nasdaq exercises its discretion to extend this ten-day period. In the event the Company does not regain compliance by April 26, 2027, the Company may be eligible for an additional period to regain compliance.

 

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

 

ir@group-lotus.com

 

 

 

Filing Exhibits & Attachments

1 document

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