L Catterton Asia Acquisition Corp focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2021 and is based in Singapore.
IPO Year: 2021
Exchange: NASDAQ
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NEW YORK and SINGAPORE, Feb. 23, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, rang today's opening bell at the Nasdaq stock exchange in New York City in celebration of its public listing. The Company's American depositary shares ("ADSs") commenced trading today on the Nasdaq Stock Market LLC ("Nasdaq") under the ticker symbol "LOT" following the completion of its business combination on February 22, 2024 with L Catterton Asia Acquisition Corp ("LCAA"), a special purpose acquisition company ("SPAC") formed by affiliates of L Catterton, a leading global consumer-focused investment firm. Lotus Tech CEO Feng Qingfeng
NEW YORK and SINGAPORE, Feb. 22, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, and L Catterton Asia Acquisition Corp ("LCAA") (NASDAQ:LCAA), a special purpose acquisition company formed by affiliates of L Catterton, a leading global consumer-focused investment firm, today announced the completion of their previously announced business combination ("Business Combination"). The listed company following the Business Combination is "Lotus Technology Inc." and its American depositary shares ("ADSs") are expected to commence trading on the Nasdaq Stock Market LLC ("Nasdaq") under the ticker symbol "LOT" on February 23, 2
Lotus Tech's American Depositary Shares to Begin Trading on the Nasdaq on February 23, 2024 under Ticker Symbol "LOT" NEW YORK and SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, and L Catterton Asia Acquisition Corp ("LCAA") (NASDAQ:LCAA), a special purpose acquisition company formed by affiliates of L Catterton, a leading global consumer-focused investment firm, announced today that their previously proposed business combination is expected to be completed on February 22, 2024. The combined company will retain Lotus Tech's name as "Lotus Technology Inc." and its American Depositary Shares (ADS)
NEW YORK and SINGAPORE, Jan. 9, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, announced today that its intelligent driving arm, Lotus Robotics, will showcase numerous proprietary next-generation autonomous driving software and hardware solutions at the 2024 Consumer Electronics Show (CES) in Las Vegas, USA. The technologies on display, and Lotus Tech's recent receipt of approval to test conditional automated driving ("Level 3" or "L3") functions on highways in part of China, demonstrate Lotus Tech's progress in executing the brand's Vision80 business transformation strategy and further advancing its global R&D pro
NEW YORK and SINGAPORE, Nov. 27, 2023 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, announced today that it has signed agreements for a total of approximately US$870 million of private investment in public equity ("PIPE") financing and convertible notes this year. The agreements have been entered into ahead of the anticipated completion of Lotus Tech's planned business combination with L Catterton Asia Acquisition Corp ("LCAA") (NASDAQ:LCAA), a special purpose acquisition company formed by affiliates of L Catterton, a leading global consumer-focused investment firm. The Company most recently received approximately US$7
NEW YORK and SINGAPORE, Sept. 10, 2023 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, announced today that its intelligent driving arm, Lotus Robotics, has been designated to license several leading automakers to provide them with its intelligent driving technology and software. The announcement demonstrates the R&D prowess that is driving the growth of Lotus Tech's technology-related revenues as the Company executes its Vision80 business transformation strategy. Lotus Robotics has advanced software capabilities and develops key intelligent driving algorithms, as well as testing and simulation tools. Its self-developed i
NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, today announced the debut of Emeya, the Company's first and one of the world's most advanced electric hyper-GT vehicles. Emeya integrates Lotus's 75-year expertise in engineering and design with advanced innovations to deliver a distinct driving experience in a four-door luxury performance vehicle. Equipped with the brand's iconic active aerodynamic features and high-power dual motors, Emeya can accelerate from 0-62mph (0-100km/h) in
NEW YORK and SINGAPORE, July 24, 2023 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, today announced updates on its global expansion over the first six months of 2023. Lotus Tech has expanded its global retail network to 193 stores[1], opening 24 new outlets over the first half of 2023. Following the anticipated completion of its global sales and distribution platform in the third quarter of this year, the Company expects to further develop its global distribution network, and targets to reach over 300 stores by the end of 2025. Through Lotus Tech's digital-first, omni-channel sales model, customers can place orders, res
NEW YORK and SINGAPORE, April 28, 2023 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, announced today that it has entered into agreements with strategic partners and business partners for a total investment amount of approximately $122 million, which are subject to customary terms and conditions (including regulatory approvals) included in the definitive documentation. The financing marks a robust start to the Company's ongoing fundraising and a major milestone in its planned business combination with L Catterton Asia Acquisition Corp ("LCAA") (NASDAQ:LCAA), a special purpose acquisition company formed by affiliates of L
Lotus Tech is a pioneering luxury electric vehicle maker that operates under the iconic British brand, Lotus. L Catterton Asia Acquisition Corp is a special purpose acquisition company listed on the Nasdaq (NASDAQ:LCAA) that is affiliated with L Catterton, a leading global consumer-focused investment firm.The Business Combination transaction between Lotus Tech and LCAA values the Combined Company at a pro forma enterprise value of approximately US$5.4 billion, taking into account up to approximately US$288 million of cash from LCAA's trust account (assuming none of LCAA's public shareholders elect to redeem their shares).All existing Lotus Tech equity holders, including Geely Holding, Etika,
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8-K - L Catterton Asia Acquisition Corp (0001841024) (Filer)
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8-K - L Catterton Asia Acquisition Corp (0001841024) (Filer)
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