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Press releaseGlobeNewswire· March 24, 2026

LOBO Announces Pricing of $2 Million Public Offering

LOBO Announces Pricing of $2 Million Public Offering WUXI, China, March 23, 2026 (GLOBE NEWSWIRE) -- LOBO TECHNOLOGIES LTD…

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LOBO aims to promote eco-friendly transportation options that reduce carbon footprints and enhance energy efficiency by leveraging cutting-edge technologies and sustainable practices
60% confidence
The offering is expected to close on or about March 25, 2026, subject to the satisfaction of customary closing conditions
60% confidence
Expected gross proceeds to the Company will be approximately $2 million, before deducting placement agent fees and other estimated expenses, excluding the exercise of any warrant offered
60% confidence
The Company intends to use the net proceeds from the offering to fund its development programs, for working capital and other general corporate purposes
60% confidence