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Lotus Technology Secures $119 Million Convertible Note with Geely

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Lotus Technology Secures $119 Million Convertible Note with Geely

Confident Investing Starts Here:

The latest update is out from Lotus Technology ( (LOT) ).

On June 20, 2025, Lotus Technology Inc. entered into a convertible note purchase agreement with Geely International (Hong Kong) Limited, resulting in the issuance of a convertible note worth approximately $119.26 million. This strategic financial move is expected to enhance Lotus Technology’s capital structure and potentially improve its market positioning by allowing the investor to convert the note into ordinary shares or American depositary shares, thereby aligning interests and potentially increasing shareholder value.

Spark’s Take on LOT Stock

According to Spark, TipRanks’ AI Analyst, LOT is a Neutral.

Lotus Technology’s stock is heavily impacted by severe financial performance issues, including persistent losses and cash flow deficiencies. While technical indicators show some positive signals, the negative valuation metrics highlight significant challenges. The lack of earnings call data and absence of corporate events limit further insights.

To see Spark’s full report on LOT stock, click here.

More about Lotus Technology

Lotus Technology Inc. operates in the technology sector, focusing on innovative solutions and products. The company is based in Shanghai, China, and is involved in the development and sale of advanced technology products.

Average Trading Volume: 143,607

Technical Sentiment Signal: Sell

Current Market Cap: $1.48B

See more data about LOT stock on TipRanks’ Stock Analysis page.

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