According to the Financial Associated Press, reporters learned from multiple independent sources that Lotus, which was listed in the United States through SPAC, plans to complete the merger and acquisition transaction next month and officially land on Nasdaq. Stock code “LOT”.
In response to this news, Lotus said that the company’s listing work is continuing to advance in the expected direction. Another Lotus insider revealed, “The company is currently waiting for confirmation from relevant regulatory agencies.”
▲ Picture source Lotus official website
As early as February this year, there was news that Lotus and the special purpose acquisition company L Catterton Asia Acquisition Corp (LCA) had reached a final merger agreement, agreeing that both parties would list on Nasdaq after the merger was completed, and the merged company would retain “Lotus Technology” is a name with a valuation of approximately US$5.4 billion.
Geely Automobile’s subsidiary Lotus is not the only one to go public in the United States. Polestar Automobile and Yikatong Technology have previously been listed on Nasdaq, and Zeekr has also submitted a registration statement to the SEC. It is expected that Zeekr’s American Depositary Shares will Listed on the New York Stock Exchange under the stock code “ZK”.
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