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Nasdaq notifies Lotus Technology Inc. of non-compliance with the $1.00 minimum bid price
LOTLotus Technology Inc.
Lotus Technology Inc. received a written notice from Nasdaq on October 28, 2026, indicating that its American Depositary Shares failed to meet the $1.00 minimum bid price requirement for ten consecutive business days between September 16 and October 27, 2026. The company has until April 26, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 per ADS for ten consecutive business days. Failure to comply may result in delisting proceedings, though the notice does not immediately affect trading or SEC reporting obligations. Lotus Technology Inc. operates as a global provider of intelligent and luxury mobility solutions, designing and manufacturing high-performance sports cars and electric vehicles.