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Lobo EV Technologies Ltd. ( (LOBO) ) just unveiled an update.
Lobo EV Technologies Ltd. has entered into a Securities Purchase Agreement with Streeterville Capital, LLC to issue and sell a Convertible Promissory Note worth $1,635,000 and 850,000 ordinary shares. This transaction is expected to provide Lobo EV with significant capital for growth and expansion, underscoring its strategic positioning in the electric vehicle market and potentially impacting its stakeholders positively.
More about Lobo EV Technologies Ltd.
Lobo EV Technologies Ltd. operates in the electric vehicle industry, focusing on the development and sale of electric vehicles and related technologies.
YTD Price Performance: -39.77%
Average Trading Volume: 46,380
Technical Sentiment Consensus Rating: Strong Buy
Find detailed analytics on LOBO stock on TipRanks’ Stock Analysis page.
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